Pablo Veyrat (Angle): "We almost stopped everything".

Just over two months after the Euler Finance hack, Pablo Veyrat* takes a look back at the episode that could have taken Angle's life. The co-founder of the protocol, which originated in France, also talks at length about the future of the euro stablecoin, agEUR, and the challenges facing decentralised finance!
24.05.2023

The Big Whale: At 25, you have the opportunity to do a lot of things, and you've chosen to work in the crypto ecosystem, and more specifically in decentralised finance. Why such a choice?

Pablo Veyrat* : I discovered decentralised finance at the end of my studies. I was at Polytechnique, and that's where I had my first course on cryptocurrencies, then I had a second one when I was at Stanford in the United States. I was immediately fascinated by the subject.

Given my engineering training, it's clear that I could have gone to work in the ecological transition, which is in fact the path that most people my age are taking, but I saw in DeFi the opportunity to build a fairer and more efficient financial world. The traditional system doesn't work well, there are too many middlemen who are expensive and work in an opaque way...

When I understood how DeFi worked, and what transparency allowed, I said to myself that we could create some really interesting things.

When did you first come into contact with cryptos?

Format
Interviews
Topic
Business
Author(s)
Grégory Raymond

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