Hedera's Secret on their Explosive Growth and the Future of Stablecoins at the HBAR Foundation with Elaine Song

In this Edge of NFT episode, we dive deep into the world of Web3 and decentralized finance with Elaine Song, VP of Strategy at the HBAR Foundation. Elaine shares insights on stablecoin development, the resurgence of DeFi within the Hedera ecosystem, and the evolution of use cases from speculative trading to loyalty and ticketing applications. Support us through our Sponsors! ☕💲 Simplify your crypto payments with Request Finance and get 1 month FREE through our referral link: https://bit.ly/RequestFinance 🎥 Want to make content like ours? Sign up with Castmagic to make your creative process easy: https://bit.ly/CastmagicReferral 🌐 Want to own a Web3 domain? Check out our frens at Unstoppable Domains to get you a piece of the web - no annual fees EVER: https://unstoppabledomains.com/?ref=outeredge 🛈 When you purchase through these links, we may earn a commission. 🔑 Key Takeaways: ◆ The HBAR Foundation is an organization that supports and funds builders in various specialized domains within the Hedera network, nurturing communities and facilitating their integration into the broader ecosystem.◆ Stablecoin Studio is an open-source product for token creation that focuses on compliance, scalability, and asset control. ◆ ZeniTravel's innovation in the wholesale travel booking ecosystem, combining web2 and web3 models for mainstream adoption. 💬 Quotes from Elaine Song: ◆ The Evolution of Blockchain Use Cases: When you look at the initial use cases, you start to question whether that underlying technology is being used in the most efficient effective, or meaningful way. When those use cases lead into the 2nd or 3rd-order use cases, then it starts to make a lot more sense. ◆ DeFi Resurgence: Over the last month, the Hedera ecosystem has started to see this resurgence. We saw the excitement with the ETF news and leading up to that, we're starting to go back to our roots. In this case DeFi, “How does that evolve to meet this new market or these new entrants or this new excitement that's coming in?” ◆ The Unique Governance Model of Hedera Hashgraph: The fundamental concept that underlies the governing council is this idea of chaotic systems. Tune in as we explore the intersection of technology, culture, and entrepreneurship! ____ 🔓 Get Web3 Alpha & Exclusive Access here: edgeofnft.substack.com 📰 Sign up and join thousands of investors, dreamers, builders, and experts in getting exclusive content, access to massive giveaways, and find your edge in the Web3 space! ... And if you’re interested in real events in LA and globally as a broader update on the world of emerging tech including AI - Subscribe to our Outer Edge newsletter! 🗞️ 👉 outeredge.beehiiv.com Connect with us and our Community! 🐦 Twitter: https://twitter.com/EdgeofNFT 📸 Instagram: https://www.instagram.com/edgeofnft 🧳 LinkedIn: https://www.linkedin.com/company/edge-of-nft-podcast 👥 Facebook: https://www.facebook.com/edgeofnft 🥾 Reddit: https://www.reddit.com/user/EdgeOfNFT 🕹 Discord: https://discord.com/invite/WJaXwUpxuX 🤖 Follow our AI podcast: https://www.youtube.com/@Edgeof_AI ____This is not financial or tax advice. Edge of NFT content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Whenever making financial decisions, we recommend doing your own research and talking to your accountant for financial advice.Disclosure: From time-to-time we may feature sponsored content for which we receive value and we may share links for which we receive a commission if you make a purchase through one of these links. See our full Disclaimer (https://www.edgeofnft.com/disclaimer), Terms & Conditions (https://www.edgeofnft.com/terms-of-use), Privacy Policy (https://www.edgeofnft.com/privacy-policy), and Copyright Notice (https://www.edgeofnft.com/copyright-notice) for details.