Frax founder: Crypto finance is not a zero-sum game, builders continue to create value and expand the pie

Odaily Odaily News Odaily Odaily reported on the scene that Frax Finance founder and CEO Sam Kazemian spoke at the Token2049 roundtable on the theme of "Stablecoins continue to grow, the real killer application in the crypto world?" He said: When Luna (UST) collapsed, everyone had great doubts about decentralized stablecoins, but whether the redemption of funds can be ensured does not depend on whether the issuer is centralized. Frax's vision is to become a transparent, cashless, decentralized bank. He said: "What I want to say is that (crypto) finance is not a zero-sum game, but a positive sum. Every builder is actually making the pie bigger, creating value, and providing liquidity for every user. Now, some 'old traditions' in the United States are reluctant to use encryption, but it doesn't matter. We will take the lead in continuous construction in the encryption ecosystem and attract more people to the chain until traditional players have to recognize Crypto and join in."