The repo market is $16 trillion globally and most people have never heard of it — until the plumbing breaks. Craig Burchell of FalconX and Matteo Pandolfi of Pareto explain how it works and why bringing it on-chain is the next big unlock for DeFi.
---
Heads up!
If you haven’t yet, be sure to subscribe to Bits + Bips, since the show will migrate there in a few weeks. Follow us on <a href="https://podcasts.apple.com/us/podcast/bits-bips/id1827931786">⁠⁠⁠⁠⁠Apple Podcasts⁠⁠⁠⁠⁠</a>, <a href="https://www.youtube.com/channel/UCuKiSkbYrUOOEEiYQEVPniQ">⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠</a>, <a href="https://open.spotify.com/show/6aSBMrOyi33aVDCULJ9mjN?si=NTLk-jl5QGeytA6-2kxMVQ&nd=1&dlsi=42f0b13dd53c4ba0">⁠⁠⁠⁠⁠Spotify⁠⁠⁠⁠⁠</a>, <a href="https://x.com/bitsandbips">⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠</a>, <a href="https://unchainedcrypto.com/bitsandbips/">⁠⁠⁠⁠⁠Unchained⁠⁠⁠⁠⁠</a> and wherever you get your podcasts. 
----
The repo market is $16 trillion globally and it is, as Craig Burchell puts it, the oil that makes everything go. It is also almost entirely absent from on-chain finance — and that gap is creating real problems for RWA liquidity, stablecoin swap desks, and DeFi protocols trying to manage redemption queues. Steve Ehrlich sits down with Craig Burchell, head of lending at FalconX, and Matteo Pandolfi, CEO of on-chain credit infrastructure provider Pareto, to map exactly how repo works, what broke in 2019, why it translates extremely well into onchain finance. Matteo puts a $1 trillion figure on where on-chain repo gets in five years. Craig gives you one reason it gets there and one very honest reason it might not.

Host:
<ul>
 <li>
<a href="https://x.com/ramahluwalia">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a>Steve Ehrlich, Head of Research at SharpLink and Host of Bits + Bips: The Interview - https://x.com/Steven_Ehrlich
</li>
</ul>
Guest:
<ul>
 <li>
<a href="https://x.com/ramahluwalia">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a>Craig Burchell — Head of Lending, FalconX; previously Head of Lending at Membrane Finance. @_CraigBirchall
</li>
 <li>
<a href="https://x.com/ramahluwalia">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a>Matteo Pandolfi — CEO & Co-Founder, Pareto (on-chain credit infrastructure). @pan_teo_
</li>
</ul> Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

Bits + Bips: The Interview — The $16 Trillion Repo Market Is TradFi’s Central Nervous System. Its Finally Coming Onchain

Unchained

AI Chapters

AI Insights

Reviews