LayerZero CEO Brian Pellegrino on Interoperability, Stablecoins, and Bringing TradFi On-Chain

Bryan Pellegrino is the Co-Founder & CEO of LayerZero Labs. In this conversation, we discuss how a 2011 U.S. online poker ban led him to crypto as an “escape hatch,” early sports gambling, learning how insecure and centralized cross-chain bridges were, interoperability, the 700% increase in traffic on LayerZero, building an L1, and working with institutions to connect tradfi to blockchains.

This episode is sponsored by Gemini: https://gemini.com/CIA 

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TIMESTAMPS:

0:00 - Welcome Bryan Pellegrino To Crypto In America!

0:30 - What Does ‘Crypto In America’ Mean To Bryan?

2:00 - Poker Ban Got Him Into Crypto

6:00 - First Company Bryan Launched - Starting Sports Gambling

10:00 - Building Cross-Chain Bridges On Ethereum 

12:15 - Interoperability 

17:00 - Explaining Bridges Security Value Proposition To Legislators In DC 

21:00 - LayerZero Explained 

23:30 - Transfer Volume Raised By 700% 

26:15 - Working With Wyoming Stable Token Commission

27:30 - Connecting TradFi To Public Blockchains 

30:45 - The Amount Of Interest From Institutions

30:30 - Launching L1 Layer “Zero” - Why Is LayerZero The Choice For Interoperability? 

38:00 - Does LayerZero Need Regulatory Clarity? 

41:00 - Where 2M TPS Demand Comes From

47:30 - L1 Winners & Losers

50:45 - Bryan Is Focused On Building

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