A conversation with Andriy, the founder of AllBridge, a cross-chain bridging protocol that uses stable coins.

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Full show notes: solfate.com/podcast/49

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Andriy, the co-founder of AllBridge, discusses his background and transition into the crypto space. He shares the early days of AllBridge and its role in bridging stable coin assets between different chains, particularly on Solana. He explains the architecture of AllBridge and the transition from the common “mint and burn” model to the current liquidity pools. 

Andriy also discusses the future plans for AllBridge, including the potential introduction of governance and partnerships with other protocols. He provides insights into the user flow and technical process of bridging, as well as the returns and risks associated with liquidity pools. Lastly, he talks about the integration with Phantom and the role of bridge aggregators in the ecosystem. 

The conversation with Andriy from AllBridge focused on the importance of collaboration over competition in the blockchain industry. Andriy emphasized the need to work together with other companies to provide better solutions for users. He shared an example of how AllBridge partnered with Wormhole to offer a more convenient cross-chain solution. Additionally, Andriy discussed the potential for B2B solutions in the future, where protocols can leverage AllBridge’s infrastructure for liquidity transfers. He also highlighted the importance of informed decision-making and transparency in the crypto ecosystem.