Why this Ex-Facebook Lead loves Frax w/ Ken Deeter - Flyhweel #52
Flywheel DeFi
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Jamie Morgan's $10 Billion Unchain Stable Swap
The only alternative would be is if US regulation suddenly turns bullish, stablecoin regulation is clear, banks can issue stablecoins. I don't think that that naturally gives them an advantage over something like a curve, which has its own incentive mechanisms. So yeah, probably if Jamie Morgan were to do that, they're gonna have to find some other like kind of slices of market,. Like KY seed, you know, trading or something like that.
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