DAS London Stream With Paul Faecks & Guy Young
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Hey, Xerox research listeners. Boccaccio's at DAS London this week, and this episode features his conversations with Paul, founder of Plasma, and Guy Young, founder of Athena, recorded live from DAS London. Enjoy. A quick shout out to today's sponsor, Katana. We'll hear more from Katana later in today's episode.
Nothing set on Xerox Research is the recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Pocaccio, Ryan, and our guests may hold positions in the company's funds or projects discussed. What's up, guys? Welcome back to Xerox Research live from the Digital Assets Summit in London. Today, I'm joined by Paul from Plasma. Paul, how are doing?
Doing well. Thanks for having me.
Thank you for coming on. You must have had probably the busiest, like, three weeks out of anybody in this venue right now. How's it been?
I'm I'm not sure that's true. I think there's a lot of very busy people here. But Yeah. No. It's it's been it's been busy. I mean, leading into launch and then post launch, it's it's been it's been it's been busy. Yeah.
Would you say it went? Are you are you happy with what you guys have accomplished so far?
Yes. I mean, I think we we the the launch went incredibly well. And and, I mean, for us, kind of getting USDT flow specifically and and, in particular, kind of getting the exchange to exchange our USDT flow and and really kind of starting to build, like, a a massive stablecoin ecosystem. I think that that went incredibly well. And and especially on the kind of just seeing, like, the the scale of capital that that that is being moved, that that that's been incredibly cool. Yeah. Well, like, we and we have those data dashboards, and and we're averaging between 4 and 6,000,000,000 in in in transf
Very
good. Yeah. It's a bit insane how much USDT you guys managed to attract onto the chain. Your original thesis was that you were going to be overthrowing Tron or, I guess, like, fighting against Tron. But it seems like you actually took over a lot of capital from Ethereum as well. Just, like how has that experience been? Like, how do you keep all of these new DeFi users happy coming into Plasma?
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