BandaWeb3 #033 @iafhurtado
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📜 Transcript (Text)
Automatic transcript · corrections or removal: DM @BandaWeb3
About this episode
@iafhurtado explains how a stablecoin pegged to the Mexican peso came about and how its mechanism works. He explains that the user deposits collateral, an oracle gives the peso-dollar exchange rate and the token is minted, with no interest charged, inspired by DAI. He talks about the audit, the Optimism grant, a lending protocol and credit lines based on reputation. He also asks for businesses willing to test payments with the coin, proposes on-chain tandas and ramps to pesos, and points to the lack of regulatory clarity in Mexico. It closes with the AI agents hackathon.
Chapters
- 00:00:00 Rough start and audio problems
- 00:05:51 Guest and topic introduction
- 00:08:52 Collateral, oracle and minting
- 00:14:10 Inspired by DAI, no interest
- 00:16:17 Audit and ecosystem grants
- 00:21:51 Call for businesses to accept it
- 00:27:39 From logistics to building in Web3
- 00:34:38 Liquidity, lending and credit
- 00:38:07 On-chain tandas and peso ramps
- 00:41:51 Regulation in Mexico and governance
- 00:49:43 Getting paid and subscriptions
- 00:52:53 AI agents hackathon
- 01:00:00 Risks of stablecoins
- 01:02:21 Announcements: events, community
Spoke
Topics
stablecoinsMexican peso pegcollateral and oraclesDAI and MakerDAODAOs and governancegrants (Polygon, Optimism)contract auditson-chain lendingreputation-based credit lineson ramp and off rampon-chain tandascrypto payments for businessescrypto regulation in MexicoAI agents hackathonopen sourceMexican DeFi