Ben Nadareski - Solstice

In this episode of the Solana is Global podcast, host Alex Scott engages with Ben Nadareski, CEO and co-founder of Solstice, to discuss the burgeoning landscape of digital assets, particularly focusing on Solana's native stablecoin, USX. Ben shares his unique journey from nuclear physics to the world of crypto, highlighting the importance of building a stablecoin that is fully integrated within the Solana ecosystem. He explains how USX is designed as a synthetic stablecoin, emphasizing its permissionless nature and the strategic choice to back it with highly liquid stablecoins rather than traditional assets. The conversation delves into the significance of native stablecoin infrastructure and the potential for capital markets on Solana, including products like repo lending and structured credit.