This week, Pierre Person is a former French Politician and current founder of the stablecoin protocol Usual Money. He discusses Usual’s novel mechanisms and how it aims to be a fully on-chain Tether.
Timeline:
00:00 Introduction & Background
06:19 Working In French Politics
9:24 From Politics to Stablecoins
14:14 What is Usual Money
20:00 Stablecoin Lifecycle in Usual (Minting USD0)
22:48 Usual Governance Token Model
28:12 GTM Strategy (0 to 100 Real Quick)
33:40 Bridging the Gap Between DeFi and CeFi
37:50 USD0++ and Speculative Yield
41:54 Usual’s Mechanism Against Dilution
44:11 Base Interest Guarantee
45:45 Withdrawing USD0 from USD0++
51:35 Token Emissions and Protocol Revenue
55:45 Regulation and MICA
1:06:07 Post-Game Show
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