Curve Founder: The Next Massive Expansion Is Coming (New Thesis)
About this episode
Michael Egorov discusses the shift of FX markets to onchain and the evolution of Curve's liquidity design.
Michael Egorov breaks down why FX markets are slowly but inevitably moving onchain, driven by real demand from crypto-native fintechs rather than a big institutional push. He also explains how Curve is evolving its concentrated liquidity design to support currency pairs beyond stablecoin-to-stablecoin swaps, and why dollars that enter the chain tend to stay there. Michael Egorov is the Founder and CEO of Curve, one of DeFi's most foundational protocols and a pioneer of stablecoin liquidity infrastructure since the earliest days of decentralized finance. The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world. Timestamps 00:00 Intro 01:49 Stablecoin Landscape Today 03:56 Curve's Original Design 05:44 Non-USD Stablecoin Debate 07:40 Fintechs Driving FX Demand 09:34 Spread Needed For FX 12:31 Consumer Behavior Theory 18:11 Institutions Using Curve 20:44 Dollars Stay On Chain 23:13 Curve's Fiat Cash Leg 29:02 Managing Concentrated Liquidity 31:02 Curve's Origin Story Guest Socials: Michael Egorov X: https://x.com/newmichwill Curve X: https://x.com/yieldbasis Curve Website: https://yieldbasis.com/earn Partners: Better than…
Sponsors
Better than Banks, Dinari
More episodes of The Rollup
- Plume GC: CLARITY Act Deadline Is Fast Approaching (Full Update)
- Andre Cronje: The Biggest DeFi Boom Is Yet To Come (Entire Thesis)
- Alex Shevchenko: NEAR & ZEC Are Set To Explode (Huge Catalysts Coming)
- Hyperdash Co-founder: Hyperliquid Bull Thesis for 2026 (Updated View)
- Joseph Chalom: Ethereum Is Going On Offense (Full Thesis)
- Coinbase Head Of AI: Agentic Finance Is The Biggest Opportunity In Fintech (Full Explanation)
Explore listener stats, chart rankings, contacts and more on the The Rollup podcast page.