Remy Blaire engages in a compelling discussion with Ryan Zega, the Head of Structured Finance at Aptos Labs. The conversation centers around the recent advancements and growth of the Aptos blockchain network, which has experienced one of its strongest growth months to date.
Remy opens the segment by highlighting Aptos’s impressive performance in October, noting a nearly 50% increase in stablecoin supply compared to September. This surge is attributed to significant investments, including a $500 million expansion of BlackRock’s Biddle fund on the Aptos network. Ryan elaborates on the ecosystem’s growth, emphasizing the importance of partnerships with high-quality stablecoin issuers such as PayPal, Tether, and Circle. He discusses Aptos’s strategic focus on expanding its reach into various regions, including Africa, Latin America, and the Asia-Pacific.
The conversation then shifts to Aptos’s newly announced licensing model, which aims to make its code publicly accessible for research while delaying full commercial use for four years. Ryan explains how this model is designed to facilitate innovation and collaboration within the ecosystem, allowing developers easier access to Aptos and its Move programming language. He also mentions the launch of Decibel, a decentralized exchange currently in testnet, and a decentralized file storage solution called Shelby, both of which are part of Aptos’s initiative to incubate high-quality projects.
As they look ahead to 2025 and beyond, Ryan expresses enthusiasm for the potential innovations within the blockchain space. He emphasizes Aptos’s commitment to global markets and the transition of traditional finance products onto the blockchain. The discussion touches on the anticipated emergence of new stablecoin issuers and the expanding use cases for blockchain technology beyond stablecoins.
Finally, Remy and Ryan address the challenges and risks associated with rapid growth in the blockchain sector. Ryan reassures listeners that Aptos is dedicated to maintaining a rigorous due diligence process when selecting partners, ensuring the development of a high-quality product and the network’s position as a leading blockchain.