Transforming Stablecoins: frxUSD, Superstate, and the Future of Digital Finance

Transforming Stablecoins: frxUSD, Superstate, and the Future of Digital Finance

Join Samuel McCulloch on this exciting episode of Leviathan News as he dives deep into the future of stablecoins and digital finance with special guests Sam from Frax and Jim Hiltner from Superstate.

Discover the innovative structure of frxUSD, the collaborative efforts with Superstate, and their vision for integrating crypto into traditional financial systems. From the crypto ball gossip to the intricate design of new financial instruments, this episode covers it all.

Tune in to understand how these leaders are solving core issues in the DeFi space and paving the way for the next billion users in the crypto world. 00:00 Introduction and Excitement 00:35 Meet the Guests: Sam and Jim 01:11 Jim's Background and Superstate 01:55 Sam's Crypto Ball Experience 05:03 The Future of frxUSD 07:47 Challenges and Innovations in Stablecoins 13:05 Superstate's Regulatory Journey 18:07 Technical Details of frxUSD 30:59 Incentives and Customer Relationships 31:17 Evolution of Frax and AMO Operations 31:41 Introduction of Superstate and Institutional Importance 32:29 Stablecoin Criticisms and NQA Principle 33:26 FDIC System and Enshrined Custodians 36:10 Superstate's Institutional Onboarding 37:25 DeFi Distribution and Global Market Expansion 39:19 Neobanks and Future Financial Systems 40:46 Tokenizing Treasuries and Eurodollar System 42:13 Design and Incentives of frxUSD 48:15 Yield Strategies and Market Conditions 50:58 Alternative Assets and Structured Products 57:49 Final Thoughts and Future Prospects

Jaksot(397)

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Links for today's show content https://x.com/w4vitale/status/1721134845340897450?s=20 Donate to Leviathan News: https://arbiscan.io/address/0x110d68F5DFA414E943181Dec3346D4CA0d6DE37F Telegram: https://t.me/leviathan_news Twitter: https://twitter.com/leviathan_news Discord: https://discord.gg/7WtnhqJ7za YouTube: https://www.youtube.com/@Leviathan_News Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K

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Links for today's show content https://prismafinance.com/ https://docs.prismafinance.com/governance/the-prisma-token https://curve.substack.com/p/november-6-2023-airdrop-season https://x.com/HFAresearch/status/1720455990574002391?s=20 Donate to Leviathan News: https://arbiscan.io/address/0x110d68F5DFA414E943181Dec3346D4CA0d6DE37F Telegram: https://t.me/leviathan_news Twitter: https://twitter.com/leviathan_news Discord: https://discord.gg/7WtnhqJ7za YouTube: https://www.youtube.com/@Leviathan_News Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K

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Donate to Leviathan News: https://arbiscan.io/address/0x110d68F5DFA414E943181Dec3346D4CA0d6DE37F Telegram: https://t.me/leviathan_news Twitter: https://twitter.com/leviathan_news Discord: https://discord.gg/7WtnhqJ7za YouTube: https://www.youtube.com/@Leviathan_News Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K

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Guest: FaultProofBen https://twitter.com/BenGiove WASD: https://wasd.mirror.xyz/ Donate to Leviathan News: https://arbiscan.io/address/0x110d68F5DFA414E943181Dec3346D4CA0d6DE37F Telegram: https://t.me/leviathan_news Twitter: https://twitter.com/leviathan_news Discord: https://discord.gg/7WtnhqJ7za YouTube: https://www.youtube.com/@Leviathan_News Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K

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Guest: Jack Melnick https://twitter.com/jackmelnick_ David Silverman https://twitter.com/davidesilverman Nexus Network:  @_Nexus_Network  Mayank: https://twitter.com/mnkrj500 Rohit: https://twitter.com/RohitZoro_eth Donate to Leviathan News: https://arbiscan.io/address/0x110d68F5DFA414E943181Dec3346D4CA0d6DE37F Telegram: https://t.me/leviathan_news Twitter: https://twitter.com/leviathan_news Discord: https://discord.gg/7WtnhqJ7za YouTube: https://www.youtube.com/@Leviathan_News Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K 0:00 Intro 1:00 Frax Finance DNS hijacked 8:10 All about the Polygon CDK 19:46 Free or incentivized transactions 24:47 Systemic risks 33:17 Would this system be applicable to the Polygon network 36:46 Stablecoin Maximalism 38:01 Has Polygon been talking to instituions about this 39:42 When is the rollout on this 41:10 What sort of partners do they expect to use this 46:30 Will there be a lot of competitors 49:30 Wrapping up

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Guest: Figue Twitter: https://twitter.com/Figue_me Donate to Leviathan News: https://arbiscan.io/address/0x110d68F5DFA414E943181Dec3346D4CA0d6DE37F Telegram: https://t.me/leviathan_news Twitter: https://twitter.com/leviathan_news Discord: https://discord.gg/7WtnhqJ7za YouTube: https://www.youtube.com/@Leviathan_News Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K

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