Chi Protocol was founded by Arthur, bringing along a wealth of DeFi research experience from [Re7 Capital](https://re7.capital/), one of London's largest crypto-native funds. While at [Imperial College London](https://www.imperial.ac.uk/) studying Finance, Arthur had met Luke, his classmate and Chi Protocol Co-Founder. Together, they wrote the whitepaper for Chi Protocol and received immense knowledge and business advice from very experienced professionals of traditional finance, former heads of Latin America Equity Derivatives at [Morgan Stanley](https://www.morganstanley.com/).\
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The formation of the Chi Protocol team started by onboarding former developers of [Aave](https://aave.com/) to create a strong technical foundation in the team. Our development team today consists of the best smart contract engineers and front-end engineers, all of whom have worked with each other previously, ensuring cohesion and a healthy team dynamic. In terms of business development, Chi Protocol counts on Henry and Jon, both with extensive experience from the top crypto companies like [Ripple](https://ripple.com/) and [Palisade](https://www.palisade.co/). Thus, this further reinforces our strategic and operational capabilities in every sense.
## Our Mission
Size of the Opportunity
We believe stablecoins present the most significant opportunity in the digital asset space, with the potential to surpass a $1 trillion total market cap. The technology we’ve developed at Chi Protocol is designed to enable USC and stUSC to gain a dominant share within this expanding ecosystem.
Currently, decentralised stablecoins account for less than 5% of the total stablecoin market due to limitations highlighted in the [Importance of USC](/chi-docs/introduction-to-chi-protocol/importance-of-usc.md) page. Chi Protocol addresses these gaps by offering a unique combination of high yields, frictionless accessibility, scalability, capital efficiency, and robust censorship resistance—key attributes that are essential for reaching hundreds of billions in market size.
Our mission at Chi is to become the largest stablecoin in the market by leveraging first-class technology and premium integrations across both CeFi and DeFi venues. We aim to deliver industry-leading stability and rewards while minimising counter-party risks, positioning Chi as the future leader in the decentralised stablecoin sector.
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