0xResearch

DAS London Stream With Paul Faecks & Guy Young

15 snips
Oct 14, 2025
Join Paul Faecks, founder of Plasma, who dives into the exciting world of stablecoins, revealing insights on USDT inflows and the launch of Plasma One for better payment solutions. Guy Young, from Ethena, discusses oracle design and the rise of white-label stablecoins, shedding light on how market volatility shapes these innovations. Both guests explore future trends, including tokenized equities and the balance between DeFi and everyday transactions, making this a must-listen for anyone interested in the evolving landscape of cryptocurrency.
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INSIGHT

Stablecoin Flow Scales Fast

  • Plasma rapidly attracted huge USDT flow, averaging $4–6B in daily transfers across exchanges.
  • Paul sees this as proof stablecoin ecosystems can scale quickly when productized and supported by deep liquidity.
ANECDOTE

Early Stress Test Passed

  • Plasma experienced an early stress test with heavy transaction demand and passed reliably.
  • Paul said the fast stress test was gratifying despite wishing it hadn’t occurred so soon.
INSIGHT

Productizing Stablecoins For Real Use

  • Plasma One aims to productize stablecoins for real-world payments and consumer use.
  • Paul believes no incumbent bank will win this productization and crypto-native solutions must lead.
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