The Defiant - DeFi Podcast Plasma’s Plan to Dethrone Tron | Paul Faecks
Sep 16, 2025
Paul Faecks, CEO of Plasma Chain, aims to revolutionize stablecoin payments with his innovative platform. He discusses gasless USDT transfers and a massive $2 billion liquidity launch to rival giants like Tron and Ethereum. The conversation delves into the significance of partnerships with Tether and Binance, the implications of the Genius Act on regulations, and the focus on emerging markets. Paul underscores the future of stablecoins as a $1 trillion opportunity while highlighting Plasma’s path to decentralization and financial inclusivity.
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Gasless Transfers Unlock Payments
- Plasma prioritizes gasless high-velocity stablecoin transfers while keeping DeFi operations fee-bearing.
- Subsidizing transfers targets the largest user efficiency gains and unlocks payment use cases.
From Poker To Crypto Founder
- Paul entered crypto through online poker and friends in the space.
- He then spent his career in crypto and later founded Plasma Chain.
Stablecoin-Centric Chain Rationale
- Stablecoins already dominate on Ethereum and Tron but won't be limited to those chains long-term.
- Building a chain focused exclusively on stablecoins lets you optimize infrastructure for that use case.