Mike Silagadze - Stablecoin Banking - TOKEN2049 Singapore 2025
Explore the future of banking with Mike Silagadze, CEO and founder of EtherFi, as he presents his transformative vision for 'Stablecoin Banking' at TOKEN2049 Singapore 2025. In this insightful talk, Mike elucidates EtherFi's mission to reimagine traditional financial systems by offering a comprehensive, decentralized financial ecosystem.
EtherFi emerges as a 'DeFi bank', positioning itself as a full-service alternative to conventional banking. Users benefit from a seamless integration of services, including stake-powered savings accounts and liquid vaults for high-yield DeFi investments. With EtherFi's non-custodial credit card, users can effortlessly manage day-to-day transactions globally without the burdens of traditional banking constraints. The upcoming launch of EtherFi Trade promises to elevate their offering by enabling spot and perpetual trading via Hyperliquid.
Mike underscores EtherFi's efficiency, operating at a fraction of the cost of traditional institutions, passing these savings onto users through lower fees and higher rewards. EtherFi's innovative model boasts transparency and profitability, with an impressive growth trajectory in both transaction volume and staking assets. The use of a governance token, ETHI, further ties stakeholders to the protocol's success through revenue-powered buybacks.
Tune in to grasp the groundbreaking aspects of stablecoin banking and witness how EtherFi is cultivating a decentralized financial landscape accessible to all. Engage with this pioneering content by liking, commenting, and subscribing for more insights from TOKEN2049.
