Uniswap: contacts with PayPal, Robinhood and Stripe?

During the recent EthCC conference in Paris, Uniswap’s Ashleigh Schap said they are in dialogue with PayPal, Robinhood and Stripe.

However these statements have become the subject of a “yellow”.

In fact, shortly after the end of his speech, a video was published on YouTube. The video was later removed, however, because, as stated by the inventor of the Uniswap protocol, Hayden Adams , “it could be interpreted to suggest that we have relationships that we don’t have” 

The video however remains available on IPFS for those wishing to watch it anyway . 

The goal Uniswap is trying to achieve is to expand into the consumer credit sector, so much so that Schap said the team is currently already in talks with some well-known fintech companies to try to provide decentralized finance services to the mainstream as well. 

He said:

“We are trying to put Uniswap and the rest of DeFi right there, in those applications, so that we can bring the dream of open liquidity and 100% uptime to the whole world. PayPal wants to talk to us, E * Trade wants to talk to us, Stripe wants to talk to us ”.  

In fact, these statements are too little to be able to affirm that the Uniswap team is actually in dialogue with PayPal, E * Trade (aka Robinhood) and Stripe, and Adams has done well to clarify that there is no partnership or collaboration in place. However, a dialogue between these entities is possible, if not plausible, so some contact may actually have taken place. 

Also during the EthCC Schap, who is in charge of the growth of Uniswap, also explicitly stated they are looking to forge partnerships with companies that deal with consumer finance, in particular through intermediary companies such as Fireblocks, Paxos and Talos. Paxos is the very platform that PayPal is using to offer its cryptocurrency trading services.

According to another anonymous source, the team is actually talking to everyone, but for now only hypotheses, or without anything concrete yet. 

However, if companies that deal with traditional financial services, in particular those related to credit, also want to offer services related to decentralized finance, Uniswap would be the absolute number one option to be examined, given its trading volumes. So although these hypotheses are not yet anything concrete, they do not appear to be absurd at all. 

News Source