This week, Pierre Person is a former French Politician and current founder of the stablecoin protocol Usual Money. He discusses Usual’s novel mechanisms and how it aims to be a fully on-chain Tether.

Timeline:

00:00 Introduction & Background

06:19 Working In French Politics

9:24 From Politics to Stablecoins

14:14 What is Usual Money

20:00 Stablecoin Lifecycle in Usual (Minting USD0)

22:48 Usual Governance Token Model

28:12 GTM Strategy (0 to 100 Real Quick)

33:40 Bridging the Gap Between DeFi and CeFi

37:50 USD0++ and Speculative Yield

41:54 Usual’s Mechanism Against Dilution

44:11 Base Interest Guarantee

45:45 Withdrawing USD0 from USD0++

51:35 Token Emissions and Protocol Revenue

55:45 Regulation and MICA

1:06:07 Post-Game Show

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