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

Avsnitt(397)

DAI sells out to Coinbase, Tether mints 1bn, French stablecoin fail

DAI sells out to Coinbase, Tether mints 1bn, French stablecoin fail

24-Hour Headline News Telegram: http://t.me/lnn_headlines Discord: http://discord.gg/X5vhdeYRY4 YouTube: http://youtube.com/@Leviathan_News

21 Apr 202322min

Tornado Cash Dev Released, FRAXUSDP Basepool, Voyager Binance Deal

Tornado Cash Dev Released, FRAXUSDP Basepool, Voyager Binance Deal

Show notes https://docs.google.com/document/d/1XfCgQt5Fyd7wSFGBJECD5OH3Sv_on2jfhovwOdhC16Y/edit?usp=sharing

20 Apr 202323min

Alex Golubitsky Talks Gensler Testifying, Proposed Exchange Rules, Stablecoin Bill

Alex Golubitsky Talks Gensler Testifying, Proposed Exchange Rules, Stablecoin Bill

Gensler testimony.

19 Apr 20231h 4min

Bancor Carbon Interview with Dr. Mark Richardson

Bancor Carbon Interview with Dr. Mark Richardson

A lively interview with Dr. Mark Richardson, Product Lead at Bancor. Follow us on Twitter: https://twitter.com/leviathan_news

18 Apr 202331min

Carbon Interview, Gensler Shilling Algorand, Bhutan's Secret Crypto Portfolio - April 18, 2023

Carbon Interview, Gensler Shilling Algorand, Bhutan's Secret Crypto Portfolio - April 18, 2023

Past 24 hours of headlines  • A mysterious wallet draining operation has drained 5000+ ETH across 11 chains, mostly affecting OG crypto natives  (https://twitter.com/tayvano_/status/1648187031468781568?s=52&t=gxZlJWd5UIcmrql3Sem0qQ)  • Paradigm files amicus brief in Tornado Cash suit  (https://twitter.com/RSSH273/status/1648038499424288768)  • Bittrex replies to SEC: "The SEC's actions will directly and substantially harm U.S. customers and U.S. employees"  (https://twitter.com/BittrexExchange/status/1648031603099312128)  • $1.2MM in $USDT blacklisted  (https://twitter.com/usdtblacklist/status/1648012283723784195)  • KyberSwap identifies potential vulnerability on Elastic, recommends immediate withdrawal  (https://twitter.com/KyberNetwork/status/1647920799557505028)  • FLASHBACK: Gensler was actually for Algorand before he was against it  (https://youtu.be/2D3SbYzzJLc)  • Remote kingdom of Bhutan’s secret crypto portfolio exposed  (https://www.forbes.com/sites/iainmartin/2023/04/15/the-tiny-kingdom-of-bhutan-secretly-held-millions-of-dollars-in-cryptocurrency/)  • SEC says Algorand (ALGO) is a security in Bittrex lawsuit (https://twitter.com/tier10k/status/1647968343918346241)  • Rep. Davidson introduces legislation to fire Gensler for crypto overreach  (https://cointelegraph.com/news/rep-davidson-to-introduce-legislation-to-fire-sec-boss-gensler-for-crypto-overreach?utm_source=Telegram&utm_medium=social)

18 Apr 202321min

Delphi Digital Interview w/ Kevin Kelly, New Stablecoin Bill, SEC Exchange Rules, Sui Rugpull - April 17, 2023

Delphi Digital Interview w/ Kevin Kelly, New Stablecoin Bill, SEC Exchange Rules, Sui Rugpull - April 17, 2023

Show Notes: https://docs.google.com/document/d/1dmjN7WPbBsa2V46OseByCmhwJAKR27nXP09diNGBWvI/edit?usp=sharing

17 Apr 202323min

Republicans demands answers from Gensler, Twitter partners with EToro, London exchange to clear crypto trade - Leviathan News - April 14, 2023

Republicans demands answers from Gensler, Twitter partners with EToro, London exchange to clear crypto trade - Leviathan News - April 14, 2023

Headlines Uniswap DAO approves proposal to deploy v3 on Polygon zkEVM (https://www.theblock.co/post/226433/uniswap-dao-v3-on-polygon-zkevm) Bitrue reveals hot wallet hacked 4 days ago for $24MM  (https://twitter.com/BitrueOfficial/status/1646811220543168512) Crypto Taxes in 2023 (Quick & Dirty) (https://youtu.be/sLii6otrC64) Archimedes Finance teases veARCH details: "it won't be just another vanilla veToken"  (https://twitter.com/ArchimedesFi/status/1646656362263498753) London stock exchange to clear crypto trades  (https://www.thetimes.co.uk/article/stock-exchange-to-clear-crypto-trades-6z8pzc5wf) Gensler blasted by House Republicans over lack of Bankman-Fried details. (https://www.theblock.co/post/226334/house-republicans-blast-gensler-over-bankman-fried) Delphi launches Datahub, to create charts, widgets & data visualizations of Ethereum data without coding (https://twitter.com/delphi_digital/status/1646556891873411072) Flux Finance pursues Curve gauge vote for fToken pools, featuring US Treasury backed stablecoin yields.  (https://gov.curve.fi/t/proposal-to-add-fusdc-fdai-to-the-curve-gauge-controller/9098) DefiLlama released governance dashboard with metrics on 290+ protocols  (https://vxtwitter.com/defillama/status/1646588501389918208?s=52) Twitter partners with eToro to offer users trading of stocks and crypto (https://www.reuters.com/technology/twitter-joins-etoro-let-users-see-real-time-stock-information-2023-04-13/) SEC Charges Terraform and CEO Do Kwon with Defrauding Investors in Crypto Schemes (https://www.sec.gov/litigation/litreleases/2023/lr25692.htm) Uniswap mobile wallet is out of Apple jail and now live in most countries (https://twitter.com/uniswap/status/1646514969746501633?s=46&t=qmEqE0Dxvkl5byHkOsiVkA)

14 Apr 202321min

Marc Zeller Interview on Ethereum Shappella Upgrade, Iearn Hack, Tornado Cash Amicus - Apr 13, 2023

Marc Zeller Interview on Ethereum Shappella Upgrade, Iearn Hack, Tornado Cash Amicus - Apr 13, 2023

Show Notes: https://docs.google.com/document/d/1LDOZYVrxGWhhH75KfwuGenUGEirepgXgM-_zYHmubrE/edit?usp=sharing Silk Road hacker: https://www.wired.com/story/silk-road-bitcoin-seizure-james-zhong/

13 Apr 202321min

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