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Suffolk Bank
BankWikipedia
2
MENTIONS
1
EPISODES
1
PODCASTS
Search complete. 2 mentions across 1 episode found for "Suffolk Bank".
Sep 17, 2026
Governance Before Technology: A Framework for Stablecoins and Tokenized Deposits with Guest David Dwumah
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24:58David DwumahGUEST
Oh, the arrow-free banking? Is that what you're talking about?
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25:01Joe CasaleHOST
Well, where Suffolk Bank had its own currency, and you would take the Suffolk Bank currency to Bank of Maine, and they go, well, we'll give you X amount for that.
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25:13Joe CasaleHOST
We won't give you the full thing.
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25:14Joe CasaleHOST
And then the Bank of Maine would have to then get the Suffolk dollar back to the Suffolk Bank, which they kind of eliminated with all the currency.
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25:23Joe CasaleHOST
I see, you know, like you said, there's nothing new in history.
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25:27Joe CasaleHOST
I see stable coins as the new version of the Suffolk system where, you know, every bank had their own currency and you'd have to exchange it.