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Manny

๐Ÿ‘ค Speaker
334 total appearances

Appearances Over Time

Podcast Appearances

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

So that's one short-term way we're solving it.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

And we've designed a system around that and I'll go live.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

So that means like currencies that don't have local stable, like stable currencies that don't have depth right now.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

So let's say some of the African currencies, some of even the LATAM currencies, right?

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

the inr is still building up like liquidity depth right and so we can do that and so the second part is actually helping these local stable coins and onboarding them and that's why we put the fx feature so people can swap into those and have and as that liquidity depth builds in they get depth too which is why then we can start building with our like what we call our chain partners or like we're working with coinbase and we're doing 27 local staple coins with coinbase

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

We're working with our partners in Polygon and they're building in like great local stable coins.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

And that's the goal.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

When you start bringing in like lots and lots of users, you can have liquidity flow into these local stable coins.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

And then the beautiful thing about permissionless and a free market, curators and other people step in and say, hey, I can provide some yield for this.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

I can provide yield for that.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

And that's where like we think the tougher part of Blend is to solve is how do we drive local adoption to these local stable coins?

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

I think I would say Morpho.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

I'm a big fan of the Morpho team.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

They've done a really good job.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

They've really like zoned in to like their mission.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

They've, they've onboarded institutional curators.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

They've been net positive for DeFi in general.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

We've had a few scares, but you don't have some grow, you don't really get as big as Morpho without some growing pains.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

Jamie, do you have another one that maybe you prefer?

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

That's always a good question when you're trying to build brand because that goes into the trust part of it.