stablecoins

“In my mind, this is one of the really interesting things that, that I think will likely start to become more prominent over the next year or two. And could unlock a whole new wave of kind of applications and just broader mainstream adoption of cryptocurrency.”

“I think things like stable coins are really interesting and really important to this ecosystem to hedge against that volatility.”

“It's like, we've got to get the scalability of the networks up. The volatility of the coins probably needs to come down, or stable coins, which is like this whole, you know, area of research happening right now with like a dozen teams is going to be a really g…”

“What the maker system is attempting to do, and I view it as hugely ambitious with, you know, likely a high chance of failure, but if they can pull it off, it's massive”

“In my mind, this is one of the really interesting things that, that I think will likely start to become more prominent over the next year or two. And could unlock a whole new wave of kind of applications and just broader mainstream adoption of cryptocurrency.”

“Well, in order for decentralized applications, which are deployed on top of blockchains to reach millions and millions of users, the experience needs to rival that of, you know, a traditional web two startup. And, you know, in most parts of the world, we have …”

“If you really think about it, a stable coin is just a rebranding of money. Because it just works the same way as money, and money is a very interesting feature in the sense that when you use it, you don't really think about the fact that it's stable. The whole…”

“I think that the reason that stablecoins matter is actually very related to the reason that blockchains matter, which is that because it has so many implications for other applications, I think will be a really interesting like skip level technology, similar t…”

“Like you can't fork in the case of a stable coin because it has all this collateral. You can't fork the collateral because you, your DAP doesn't control that. You know, you are using the existing platform's collateral.”

“I think that stablecoins are going to be a critical part of the recipe for a lot of more abstracted, higher level use cases.”

“It's because they not, not only are stablecoins necessary for micropayments, for peer-to-peer insurance, for any kind of smart contract, but they are necessary to enable, at scale, stories like Korachiba.”

“Like Argentina, something like last number I saw was 18% of Argentinians have owned a stable coin. In America, fifty million people have crypto and mostly Bitcoin.”

“SpaceX, like Starlink is like, uses it to move money from one country to another”

“For those tracking it, like, stablecoins have grown dramatically in usage. It's now in the trillions of dollars, you know, higher than Visa per month.”

“I mean, I think the odds are good that, that stablecoins are that thing.”

“And stable coins are actually, like, apparently companies like SpaceX are already using Stablecoins for treasury management to move money from one country to another in a way that's much more efficient than using the.”

“So there's something like 16 trillion dollars in volume on stablecoins per year.”

“We strongly believe it likely, it'll likely happen this year.”

“We believe that that'll likely lead to this cascading Sort of trend of adoption, because once stablecoins become a more kind of mainstay of the way that the financial system works, that opens the door for a lot of the other more advanced and futuristic ideas t…”

“Stable coins I think are kind of like a baby step in in the sense that it's a lot more clear what the value proposition is, it's a non-speculative use case and so I think it, it's just a good entry point for some of these larger institutions.”

“Stable coins are about six percent of the total market cap in terms of tokens. So, 94% are all the other types of tokens, and the clarity act would apply to all of that and provide the regulatory framework for all those other crypto projects and companies.”

“And stable coins are today relatively unergonomic. So if you're a human, you know, you have to go jump through a bunch of hoops. But if you just give an agent a budget, they can easily, you know, take dollars, move into stables, or, you know, just use a shared…”

“Right now you can be a Stripe user in, I can't remember what the exact number is, but around 60 countries in fiat, but you can be a Stripe user in Sablecoins and I think about a 150 countries.”

“So I think microtransactions will just be necessary for that economy to exist, the sort of agentic economy. And then on the flip side, they're now eminently possible. Because of stable coins.”