ETHWarsaw 2025

So hot, it burns: predicting the fall of stablecoins
2025-09-05 , Baltic Stage

Discussion panel focusing on risks and threats associated with hypergrowth of stablecoins.

Kris is the CTO at Phoenix Labs, contributing to Spark.fi. He has been involved in the USDS/DAI ecosystem for years, previously working at the MakerDAO Foundation. He also co-founded L2BEAT and has built multiple open-source tools for blockchain developers such as TypeChain.

Nikola is the Founder & CTO of NIMA Labs, driving innovation across Web3 with projects like DragonSwap and DSX. With a background as CTO and VP of Engineering at multiple high-growth Web 3 startups, he brings deep technical expertise and proven leadership in building products at the forefront of blockchain adoption.

This speaker also appears in:

Attorney and AML Compliance Officer specialising in Ethereum-based services and crypto regulation. Partner at LegalChain, I advise VASPs, DeFi projects, and payment institutions (MIP/KIP) on MiCA, AML/CFT, and PSD2, from licensing to day-to-day compliance. I’ve led end-to-end AML/KYC implementations, prepared firms for KNF/NBP/GIIF reviews, and designed cross-border structures (white-label, embedded finance). My background in blockchain analytics and on-chain transaction reviews strengthens practical, regulator-ready controls. Certified AML specialist (PIKW). I work in Polish, English, and Italian.

This speaker also appears in:

Piotr began his career in finance at BNY Mellon and later on Finoa, Germany's first regulated custodian for digital assets, where he led on-chain analysis initiatives. He then joined Soonami, a Berlin-based venture builder, where he structured and led accelerator programs while focusing on portfolio support.

Subsequently, Piotr served as Head of Ecosystem at a Substrate-based L1 blockchain focused on privacy solutions, where he oversaw grant distribution, managed investments and ecosystem support, and led both business development and enterprise teams. Prior to launching Stablewatch, he managed Vistula Capital, a micro prop fund primarily focused on trading and venture investing.