Join Delphi Research today and immediately get access to our full Member Portal!
Join Delphi Research today and immediately get access to our full Member Portal!
Back

The Curve Bull Case, StakeDAO Strategies and Managing Mbappé

Feb 9, 2021 · 8 min read

By Jonathan Erlich

Last week I sat down with Julien Bouteloup (CEO of Stake Capital and Curve team member) on the Delphi Podcast. In this piece, I want to share some highlights and after-thoughts from that episode, as it was a conversation I really enjoyed. You can listen to the complete interview here.

Since it’s hard-to-concentrate season again, I’ll try to keep this one short so you can go back to refreshing Coingecko 🙂

Curve: An Ambitious Vision

One of the most interesting parts of the conversation was Julien’s take on Curve’s vision and future (00:48:50). His take was simple: Curve is uniquely positioned to win in a space that will be huge: stablecoins. He shared that there are projections that suggest that stablecoins will capture 50-60% of the total crypto market. Why? Because of CBDCs (central bank digital currencies). Taking just the USD as an example, the current USD stablecoin supply is ~$31B, while M1 money supply currently sits at ~$6,900B. However,

Upgrade your account to Delphi Institutional to unlock full access to this report!

Join Now