Blockchain protocols must allow financial assets to move seamlessly across traditional and on-chain infrastructures to achieve mainstream adoption.
Denelle Dixon, CEO of Stellar Development Foundation (SDF), hammered home this crucial point in conversation with Cointelegraph during Paris Blockchain Week.
“From the beginning, we’ve focused on making money move like email, but we really understood that to do that, you needed the on- and off-ramps and couldn’t rely on transacting with volatile cryptocurrencies,” Dixon said.
The SDF CEO is a former trial lawyer who went on to work at Yahoo and Mozilla. Reflecting on her journey into the blockchain ecosystem, Dixon credited Stellar founder Jed McCaleb for luring her to the layer-1 protocol.
The former Mozilla COO added that her decision to work with Stellar was driven by the decentralized protocol’s focus on tokenization and fast, low-fee payments that can impact developing economies.