I don't think it takes like that much of a stretch of the imagination to believe that in five

years or ten years, the overwhelming majority of the payments that happen in the world just

by sheer number of payments are happening via stable coins and predominantly happening between

non-human agents.

What are all the things that need to be built when the velocity of money goes from

X to 10x or 100X? What's all the subsequent infrastructure that needs to be built around to support

those use cases? It feels like it's coming.

Zach, thank you for being here.

Excited to be here. What is your pitch to people who are not in crypto, who maybe don't get crypto, don't

understand it, don't care about it so much?

How do you describe what you're doing and the value that you provide?

I think of stable coins as an evolution of financial services.

You know, the last evolution of fintech was a lot of companies building on top of cards cards were this new form factor for money

that enable money to move much differently than it could before cards sort of changed the way that

you know commerce happens and a lot of the companies that were successful in fintech were building on

the back of cards the stripes and squares and audience and so on.

And stable coins are sort of the next evolution of money.

They're sort of just like cards, there are a new form factor of money, and just like cards

enable a whole new set of capabilities with money, you know, that can be moved cross-border

very cheaply, it can be programmed, it's natively yield bearing, it can be moved in-border very cheaply. It can be programmed. It's natively yield-bearing. It can be moved in very small increments. And just like cards, it will evolve to enable a whole bunch of new money applications. And we're starting to see that today. A lot of people forget this, but in the early days of credit cards, it reminds me of the early days of the crypto industry. You know, there was a lot of bad, bad, bad headlines.

You know, people were airdropping these things all over the place to people who had terrible,

you know, they didn't know they had terrible credit, but they found out that they did,

...