SHOW DIRECTORY
Empire
Blockworks' crypto podcast covering digital-asset markets, investing, founders, protocols, and industry structure.
SOURCE DESCRIPTION · Blockworks
How To Make DeFi Great Again | Adrian Cachinero Vasiljevic & Luca Prosperi
Jason YanowitzAdrian Cachinero VasiljevicLuca Prosperi
DeFi’s 20–30 bps rates on prime BTC/ETH vaults reflect on-chain capital oversupply and brutal borrower liquidation, rather than a broken market, while Prosperi’s model puts the perfect-world floor at 40–45 bps over risk-free.Morpho V2’s fixed-term markets could build a term structure, but hacks, operational risk, and blockchain finality leave the all-in fair spread unresolved, with Prosperi estimating potentially a couple hundred basis points over SOFR.
Paxos CEO on Crypto Today & Why Stablecoins Are Exploding | Charles Cascarilla
Jason YanowitzCharles Cascarilla
Stablecoins are moving from crypto speculation toward regulated financial infrastructure, while Paxos’s white-label volume grew from about $1 billion to $6 billion and USDG reached around $1.8 billion across about 130 institutions.If GENIUS removes ambiguity, competition centers on liquidity, utility and regulation, while Paxos’s “very likely” IPO has no firm timing.