Etherfuse CEO Dave Taylor discusses launching tokenized sovereign debt on Stellar, starting with US and Mexican treasuries and expanding to Brazilian and European bonds. The platform enables retail investors to earn yield on government bonds through blockchain, with plans to add African assets and integrate with DeFi protocols.
Dave Taylor, CEO of Etherfuse, explains how the company tokenizes sovereign debt on Stellar to democratize access to government bonds globally. After securing regulatory approval in Mexico through a sandbox model, Etherfuse launched reward-bearing tokens backed by short-term treasuries from multiple countries. The platform currently offers US Treasuries, Mexican CETES, Brazilian Tesoros, and British Gilts, with plans to add Kenyan and Nigerian bonds within six months. Taylor discusses the business model (taking 25-150 basis points of yield), integration with Stellar's SDEX, partnerships with custodians like Paxos and BBDA, and future opportunities in remittance flows and DeFi lending protocols like Blend. He emphasizes Stellar's unique position for foreign exchange efficiency and the importance of community adoption to expand asset offerings.
