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Xash’s Kevin Huynh Pitches Stablecoin Issuers on Gold Rewards Instead of Passive Yield

Xash’s Kevin Huynh Pitches Stablecoin Issuers on Gold Rewards Instead of Passive Yield

Photo: Unchained

Kevin Huynh , introduced on Unchained Premium as co-founder and CEO of Xash , said the startup wants stablecoin issuers to pay for tokenized-gold rewards that users earn by putting their dollars to work in DeFi, instead of yield for simply holding a token. “The issuer is our customer,” Huynh said on the show , which was recorded Oct. 1. Users connect a Phantom or Solflare wallet to Xash’s non-custodial Solana front end and route stablecoins to outside DeFi venues such as Kamino to trade, lend or provide liquidity.

Source: Unchained

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