Episode Description
Re is bringing the $1T reinsurance market onchain. Founder Karn Saroya and Electric Capital’s Avichal Garg join David to unpack how stablecoins can become a new capital source for insurance, why real-world reinsurance may offer crypto’s missing “real yield,” and how Re is using Ethereum, smart contracts, and AI to compete with legacy giants like Lloyd’s of London, Munich Re, and Swiss Re. They also discuss the RE token, the future of onchain capital markets, and why stablecoins could become the backbone of a new financial system.
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TIMESTAMPS
0:00 Intro
2:13 Blockchain Reinsurance Edge
4:12 Stablecoin Capital Markets
9:17 Efficiency Beats Incumbents
13:02 Rewiring Insurance Plumbing
16:24 Durable Startup Advantage
23:26 Reinsurance Market Size
30:09 How Reinsurance Pays
32:42 Capital Stack Mechanics
35:52 Leverage and Yield
40:02 What $RE Tracks
41:34 Tranche Yields
42:36 Productive Capital Returns
44:47 Looping the Receipts
48:01 $RE Token Governance
51:26 Roadmap to a Billion
52:13 Onchain Adoption Ahead
56:02 The DeFi Mullet Future
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RESOURCES
Re
Karn Saroya
Avichal Garg
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