From DeFi to Payments: Building a stablecoin-first chain with Paul Faecks (Plasma)

Описание: Presented by Stablecon Media and Powered by BVNK

Summary
In episode 6 of Money Code, we sat down with Paul Faecks, CEO of Plasma on launching a stablecoin-first payments chain and why distribution beats raw TPS. We cover Tron’s cost creep, pulling USDT into DeFi, token incentives that taper, and Plasma One’s “earn, spend, save” neobank play.

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Pod.link: https://pod.link/1837743368


Chapters
01:00 Intro and launch debrief
03:44 Paul’s path to crypto and stablecoins
06:59 Why a payments chain now
10:59 Tron’s advantages and limits
14:55 DeFi’s role in a payments chain
20:02 What a payments chain optimizes for
22:27 Necessary conditions: liquidity, swapping, lending
25:19 Chain design, speed as table stakes
27:42 Distribution and network effects vs block space
31:45 Plasma One overview
35:14 First/last mile, on/off-ramps, staged rollout
39:07 Adoption strategy and two-sided growth
46:27 Token incentives and sustainable liquidity
52:02 Five-year success bar, recs, wrap


Connect with the Hosts & Guest
Chuk Okpalugo:   / chuk-okpalugo   | https://x.com/chuk_xyz/ | http://stablecoinblueprint.com
Raj Parekh:   / rajparekh7   | https://x.com/rajparekh_ | http://monad.xyz
Paul Faecks: https://x.com/pauliepunt | https://x.com/Plasma | plasma.to


About Money Code
Money Code is the show that decodes stablecoins and the evolution of programmable money for builders, investors, and decision-makers. Each week, join hosts Chuk Okpalugo, Author of Stablecoin Blueprint and Raj Parekh, Head of Payments/Stablecoins at Monad Foundation as they break down the systems and strategies of seasoned operators in the space, revealing the insights you need for better build and buy decisions.

About Stablecon
Stablecon (https://stablecon.com/) is the premier gathering for those at the intersection of DeFi, economic policy, financial infrastructure, and institutional integration, and those reinventing global commerce.

By convening the brightest minds in fintech and crypto, Stablecon provides attendees with world class thought leadership and fosters unparalleled networking and strategic collaboration across the digital payments industry. Whether you’re building, advising, or navigating this new frontier, this is the room where it happens.

About BVNK
BVNK is the leading provider of stablecoin payments infrastructure, helping businesses move money faster, settle globally, and even launch their own stablecoin products. Head to https://bvnk.com/ to learn more.