
Benjamin Sarquis Peillard, founder of Cap, explains the evolution of stablecoin models—Types 1 and 2—and how Cap is developing a yield-bearing Type 3 stablecoin with verifiable guarantees on Symbiotic. He explores the shortcomings of traditional yield-generating stablecoins, the risks of unchecked token incentives, and how Cap leverages Symbiotic's redistribution mechanism to create a fundamentally safer design. This episode examines Cap's role in connecting traditional finance and DeFi, reveals why institutional players often understand DeFi better than most VCs, and discusses the future landscape of risk and yield in a multi-chain, multi-stablecoin ecosystem.
Topics discussed in this episode:
- 06:38 — Money Flow in Cap
- 09:39 — Building on New Crypto Tech
- 13:46 — TradFi x DeFi Bridge
- 18:44 — Vault Curators' Role
- 24:07 — LRTs Playing Safe
- 29:11 — MEGAETH
- 31:43 — Regulatory Clarity & Innovation
This episode features guest Benjamin Sarquis Peillard, Founder & CEO, Cap Labs https://x.com/Benjamin918_
Blueprints is hosted by Edgar Roth https://x.com/roth_edgar and is presented by Symbiotic:
- Website: https://symbiotic.fi/
- X: https://x.com/symbioticfi
- YouTube: https://www.youtube.com/symbioticfiofficial
- Discord: https://discord.com/invite/officialsymbioticfi
- Blog: https://blog.symbiotic.fi
The information provided in this podcast is for informational purposes only and should not be considered financial, investment, legal, or tax advice. The views and opinions expressed by guests and hosts are their own and do not necessarily reflect those of the podcast producers, partners or sponsors. Cryptocurrency and digital asset investments are highly volatile and carry risk. Always do your own research and consult with a qualified financial advisor before making any investment decisions."