"We're Lifting Barriers For Outside Users; If You Allocate Capital in a Vacuum, It's Kind of Meaningless:" Terra's Do Kwon
In this week’s episode, we interview Do Kwon, cofounder of the Terra ecosystem which includes a payments network, a stablecoin, a lending protocol and a synthetic assets platform. We talk about how he was able to achieve what most crypto companies can’t which is to get a broad non-crypto native user base. Terra’s Chai payments system, which uses the Terra stablecoin, has about 2.6M active users in Korea. Kwon says there’s so much money to be made without bringing new people in, that many developers just settle with looking inwards in crypto.
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