Welcome to Web 3 with A6 and Z. I'm Sonal, and today, Robert and I are excited to bring you two special end-of-year episodes, which also look ahead to 2025.

Because we're covering our annual big ideas, which include some tech trends individual team members are excited about,

it's a firm-wide list with crypto having the biggest

showing every time. And this year, our team had 14 trends compared to nine last year and seven the

year before. You can check out the full list at A6NZ Crypto.com slash big ideas. This episode is part

one of two. You don't have to listen to them in any particular order. Covering the trends of

stable coins, app store distribution and discovery, covering the trends of stablecoins,

app store distribution and discovery, where the next users will come from, how builders

improve and choose infrastructure, and simplifying user experience.

Our guests for each of those are Sam Broner, Maggie Sue, Darren Matsuoka, Yolkim Noi, and Chris Lyons.

Robert and I follow with some meta-commentary at the end, so stay tuned until then.

And be sure to also check out our other Big Ideas episode, which covers all the ideas at the intersection of crypto and AI.

As a reminder, none of the following is investment, business, legal, or tax advice.

Please see A6inzu.com slash disclosures for more

important information, including a link to a list of our investments. With that, let's begin with the

first idea. Sam, your big idea was about stable coins. You've been writing a lot about

stable coins. And Robert co-produced the state of crypto report with Darren.

And the big takeaway they had is that stable coins have found product market fit. But what we

really want to hear from you is why now? So over the last year, there's been substantial

platform improvement where stable coins went from costing $5 to less than a tenth of a cent to

send for person to person. And that unlocks a huge, huge improvement in the cost structure of paying

for anything. But they still haven't been adopted by the retailers, merchants, and other businesses that would most stand to

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