From DeFi to Payments: Building a stablecoin-first chain w/ Paul Faecks (Plasma)
Manage episode 515212080 series 3687972
Presented by Stablecon Media and Powered by BVNK
In this episode of Money Code, we sat down with Paul Faecks, CEO of Plasma on launching a stablecoin-first payments chain and why distribution beats raw TPS. We cover Tron’s cost creep, pulling USDT into DeFi, token incentives that taper, and Plasma One’s “earn, spend, save” neobank play.
Connect with the Hosts & Guest
Chuk Okpalugo: LinkedIn, X, stablecoinblueprint.com
Raj Parekh: LinkedIn, X, monad.xyz
Chapters
1. Setting The Stakes: Value In Payments (00:00:00)
2. Necessary conditions: liquidity, swapping, lending (00:00:00)
3. Intro and Launch Debrief (00:00:31)
4. Paul’s path to crypto and stablecoins (00:03:13)
5. Tron’s advantages and limits (00:09:09)
6. DeFi's role in a payments chain (00:13:20)
7. What a payments chain optimizes for (00:17:05)
8. Chain Design, Speed as table stakes (00:24:19)
9. Distribution and network effects vs block space (00:26:42)
10. Plasma One Overview (00:30:35)
11. First/llast mile, on/off-ramps, staged rollout (00:34:05)
12. Adoption Strategy and two-sided growth (00:38:00)
13. Token Incentives and sustainable liquidity (00:39:20)
14. Five-year success bar, recs, wrap (00:45:00)
8 episodes

 
 
 
