In this interview, Paul Faecks, founder and CEO of Plasma, discusses his focus on stablecoins as the most interesting sector in crypto, emphasizing their role in efficient global value transfer. He traces the evolution of stablecoins, highlighting the trillion-dollar opportunity they represent in global commerce. Faecks explains Plasma's vision to become the leading chain for stablecoin settlement, emphasizing the importance of fast, cheap, and accessible USD transfers. He also touches on the challenges and risks of building in the crypto space, the significance of real user engagement, and Plasma's strategy to compete with existing chains like Tron by focusing on new use cases and key jurisdictions like the Middle East, South America, and Turkey.
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