This Week on Unchained: PYUSD, Worldcoin, Curve Crisis, and More!
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Worldcoin is getting hit from all sides. Following a popular launch in late July, critics from the crypto community and public sector alike are coming out in droves with concerns about privacy, data protection, and tokenomics.
Worldcoin cofounder Alex Blania joins the show to address the recent criticism and reiterate the project’s lofty goals. “It sounds crazy,” he said, “so you really need to understand the technology to understand why it’s not concerning.”
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, a quiet conclusion to that Curve thing everyone was animated about. Plus, major developments from Web2 giant PayPal as it continues its journey down the crypto rabbithole. Also, is Maker’s juiced DAI Savings Rate the new Anchor? The gang discusses.
A major player has entered the stablecoin wars. PayPal went deeper down the crypto rabbithole this week with the launch of its Ethereum-based PYUSD. The dollar-backed stablecoin now puts PayPal in competition with the likes of Tether and Circle for quickly sending value around the world on-chain.
José Fernández da Ponte, PayPal’s crypto SVP, joins the show to unpack how the fintech giant is building a long-term strategy around blockchain-based payments.
On Unchained Premium 💎
Does Goldsky Hold the Key to On-Chain Data Accessibility?
Kevin Li, cofounder and CEO of Goldsky, discusses his vision for a more accessible on-chain data future and the intersection of crypto and data.
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DCG Calls Gemini’s Complaint a PR Campaign in Motion to Dismiss Lawsuit
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Sam Bankman-Fried Remanded to Jail Ahead of Fraud Trial
Former FTX CEO’s bail revoked by U.S. District Judge following allegations of witness tampering and bond violations.
PayPal Doesn’t Want to Rely on Yield of Reserves for Stablecoin PYUSD
PayPal’s new stablecoin PYUSD explores alternatives to yield of reserves, amid criticism over design choices. Will it gain adoption?
Former FTX Executive Ryan Salame Discusses Plea Deal With Prosecutors: Report
The former co-CEO of FTX Digital Markets is reportedly in talks with U.S. prosecutors to enter a guilty plea.
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