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0In this episode, Pierre, a former member of the French parliament and founder of the stablecoin project Usual, discusses crypto regulation in Europe and the progress being made. He also shares insights into the Usual project, which aims to create a better stablecoin with transparent collateral and a distributed ownership model. Usual is a stablecoin project that aims to distribute value to its users through its governance token. The project focuses on attracting Total Value Locked (TVL) and incentivizing long-term holders. It differentiates itself by distributing both yield and value, creating a speculative vision for the future of the protocol. Usual plans to offer payment services and be listed on centralized exchanges like PayPal. The team is also working on creating a DApp chain for instant payments and bridging with other stablecoins. The goal is to provide a stablecoin that is composable in DeFi and can be used as a means of payment in the real world.
Shownotes:
00:00 Introduction and Background
03:06 Crypto Regulation in Europe
09:46 The Need for Euro Stablecoins
38:34 Distributing Value and Offering Services
41:15 Starting in DeFi and Expanding to Payment Services
43:40 Deciding the Use of Treasury through Governance
46:24 Creating a Governance Token with Real Value
49:30 Balancing Long-Term and Short-Term Holders
52:50 Differentiating with Yield and Value Distribution
57:23 Pre-Launch Phase and Spreading Liquidity
01:05:02 The Story Behind USD0
