Zac Prince - BlockFi, Crypto Lending, Addressing Data Breach, Rise of Stablecoin Rates

The team sits down w/ Zac Prince of BlockFi to discuss the state of crypto lending, an update on the May 14th Data Breach, how BlockFi is able to offer high stablecoin rates, crypto usage in distressed countries, and how the crypto market looks post-Black Thursday.

BlockFi
https://blockfi.com/
https://twitter.com/TheRealBlockFi
Zac Prince
https://twitter.com/BlockFiZac

2:32 Zac’s Story
6:08 Crypto Companies vs Traditional Tech Company
8:50 Data Breach on May 14
12:30 What is BlockFi?
15:11 How can you offer 8.6% on stablecoins?
17:30 Market effects on lending rates
21:52 Boom in Stablecoins?
26:07 Governments restricting fiat to crypto
29:43 Why is their huge demand in Stablecoins?
32:30 Is there a reason to use USDT over USDC
34:45 Black Thursday Event
42:30 Where is the next crypto boom? New features on BlockFi?
46:15 Book Recommendation

Anything in particular that you'd like to hear form us in the next episode of Layer 1? Let us know in the comments!

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