Thank you. Thank you. Thank you. Thank you. you
Good morning, good morning. We are just gonna wait for all the panelists to join and then we'll kick off. Thank you. We're almost there.
I think we're just waiting for one or two more panelists. I just want to check my test uh zach lorena you can all hear me okay and your test your
mics work all good here can you hear me okay yes we can good morning to you and good evening to
uh our panelists and everyone also tuning in from APAC.
We've got, I think, the whole globe covered in this spaces today.
So we'll kick off once the Aster and Venus team join in a few moments.
Lorena, all okay on your end?
Oh, yeah, everything okay.
All right, excited to kick off in a sec. Thank you. Thank you. you Hello everyone, welcome to USD1 Summer on BNB Chain.
Good morning to everyone joining from the North Americas and LATAM.
And good evening to everyone joining APAC and of course, hey to everyone in between.
Been really looking forward to having this dedicated talk and space today with the jam-packed panel representing some of the biggest titans in the B&B ecosystem, which together represent a significant portion of TVL, not only in the ecosystem, but the industry, and as well as a huge share of the trading volume and users in the on-chain economy.
share of the trading volume and users in the on-chain economy. Today we wanted to dive in to
a fast-growing and very strategic stablecoin ecosystem that is rapidly evolving and emerging
with USD1, the real primary native stablecoin that has been growing very quickly on BNB. And with us today, we have kind of the OGs
and some of the new players that have been really building up
the BNB ecosystem across, of course,
World Liberty Financial, ListerDAO, Aster, Venus,
PancakeSwap, and Formine.
So before we kick off into kind of the topic of USD1, the new utility, the protocols
and what this ecosystem is beginning to look like, I would love for our panelists to give
a quick introduction to themselves and their protocol slash company and how it really fits
in to the broader DeFi landscape. So maybe starting off with Zach, welcome. We'd love
introduction to yourself and world liberty financial and what you're building at usd one
absolutely thanks for uh thanks for hosting the spaces word on the street is it's going to be a
hot d5 summer so we're all looking forward to it and world liberty finance is excited to support
um so i'm zach falkman i'm one of the co-founders and COO of World Liberty Financial.
I think everybody has probably seen or heard a little bit about our stablecoin, USD1,
which is a directly backed one-to-one US-based stablecoin that's backed by cash, cash equivalents, and treasuries. In that sense, the goal is to create a stablecoin that's backed by cash cash equivalents and treasuries um in that sense
transparent in terms of backing and we're also going to be providing audits and attestations
from third party top four accounting firms so you don't have to just take our word for it. You're going to
actually be able to see that the top accounting firms in the world have actually audited and
attested to the backing behind every dollar that we mint. My background is I come from a bit of a
DeFi background. I've been in crypto since 2015. Really got excited about Ethereum when I read the Ethereum white paper.
Love decentralized finance.
Our goal here at World Liberty Financial is really to merge traditional finance
providing better opportunities for earning yield and saving and leveraging your finances for
everybody not just the rich elites uh bringing these services to the the unbanked and the
underbanked around the world and creating a digital ecosystem
that is inclusive for everybody.
We're very excited to have our co-founders,
Donald Trump Jr. and Eric Trump,
very involved as well as Barron Trump,
very involved in this project on the day to day.
Obviously, we're very much inspired
by the Trumps themselves um they bring
a lot to this space that i think this space has been waiting on which is real world legitimacy
uh from people who really understand the problems with the financial system at the at the highest
level so uh last thing that i'll say before i pass off, just completed an airdrop of just over $4 million worth of USD1 to all WLFI token holders.
So everybody who's a WLFI token holder who bought in our presale should have received 47 USD1 overnight with the exception of people based in New York for regulatory reasons.
So, yeah, excited to be here and excited to talk about all the different ways that USD1
And yeah, that's pretty much it.
Thank you, Zach, for that introduction.
And quite a few things we'll want to jump in.
But before we get to that, I will hand over to Lorena, the head of BD at ListaDAO, for
to Lorena, the head of BD at ListerDAO for an introduction.
Lorena, are you on the ListerDAO?
In that case, I'll jump over to Fullmean
if you want to give an introduction to your side.
Oh, I think we just lost four meme on the panel as we spoke.
In the meantime, sorry, everyone.
I think we're having a slight tech issue with X, which I've personally experienced in the past.
So in the meantime, maybe whilst other speakers join,
because I can't see a lot of the panelists now,
maybe, Zach, whilst I have you on the panel,
we'll do a quick, we'll sort of maybe a quick 101 on USD1 before inviting in the kind of other ecosystem contributors.
So maybe just double clicking on USD1 and how are you thinking about differentiation
for the stable coin or in terms of, you know, kind of bringing, I think in the words you
just said, right, like legitimacy to this whole ecosystem in terms of adoption or utility.
Kind of would love your initial thoughts on how you're thinking of building up that USD1
ecosystem and making it uh differentiated
zach you there or is that just my Zach you can see you're unmuted now
Okay, guys, I think we're having further tech issues.
So just give me two minutes, see if we can fix this and then really kick off the conversation
back to back to where it started. Thank you. All right, everyone, just as a quick public service announcement, because we're having
a few tech issues, we're going to give it one last shot by resetting the space, because
we're very excited to kind of dive into the topic of USD1 and the whole DeFi summer that's
So let us restart the space,
give everyone a chance to get comfortable on the panel
and for all of you to tune back in
and we'll kick off from there formally.
So we'll be back in just five minutes. Thank you.
