In this episode of BFRR – Bitcoin, Fiat and Rock and Roll, co-host Michael Blaschke speaks with Stefan Arnold, Lead Architect of the SAP Digital Currency Hub, about one of the most important but least discussed questions in institutional digital finance: what will actually enable stablecoins to move from experimentation into mainstream enterprise adoption?

While much of the public conversation focuses on regulation, issuers, liquidity, and market structure, this discussion goes deeper into the operational reality inside companies. What happens when a corporate treasury team wants to use stablecoins in practice? Where does the process break down? And why is the real bottleneck often not demand, but architecture?

Drawing on his work at SAP and conversations with enterprise customers, Stefan explains why CFOs and treasury teams are not looking for “crypto products” as such. They need complete, reliable, enterprise-grade payment solutions that are faster, cheaper, more transparent, and easier to reconcile than legacy rails. That means stablecoins only become relevant when they are embedded seamlessly into existing ERP and finance workflows.

The conversation explores the gap between rapidly evolving Web3 innovation and the slower, highly controlled world of enterprise finance. Stefan outlines the practical blockers that still stand in the way of adoption: missing standards, fragmented custody models, manual reconciliation, wallet complexity, and the challenge of integrating blockchain-based payments into existing payment runs, account statements, and audit processes.

Together, Michael and Stefan unpack why this “crossing the chasm” moment is now becoming real. Stablecoins are no longer viewed as a fringe experiment. The question has shifted from whether they matter to how companies can get started. From intra-company treasury flows to cross-border payments, the episode shows where early adoption is already happening and what needs to change for the broader market to follow.

This is a conversation about the invisible infrastructure behind digital money — and why the winners in enterprise stablecoin adoption may not simply be those building the best token, but those building the best bridge between blockchain and core financial systems.

If you want to understand where institutional stablecoin adoption is actually heading, this episode is for you.

Stefan Arnold on LinkedIn

Michael Blaschke on LinkedIn

Bitcoin, Fiat & Rock’n’Roll Website

Bitcoin, Fiat & Rock’n’Roll Telegram Channel

Paypal and SAP on how to optimize digital payments for treasury operations

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