In this episode of the Solfate Podcast, Dave Taylor, the CEO and founder of Etherfuse, discusses how Etherfuse tokenizes short-term sovereign debt from countries around the world to provide interest-bearing stablecoins. Dave explains Etherfuse's regulatory strategy, which involves issuing assets in Mexico and registering them in Switzerland to provide transparency and adhere to Swiss law. He also touches on the technology behind Etherfuse, including the use of token extensions on Solana to track and update yields. Dave articulates the long-term vision of Etherfuse, emphasizing the potential for stablebonds to serve as a primitive for foreign exchange on-chain, reduce fees, and enable the creation of stablecoins backed by various national currencies. He highlights the cost efficiencies of using DeFi for FX and the benefits of Etherfuse's approach for both retail users and institutional traders.
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