stablecoins

“My own bet is that stable coin is going to be a lot more interesting than crypto because I think that takes out the currency risk and just says, yes, I want to transact in a digital environment, but I want to do it without taking the risk that when I convert b…”

“Stable coins last month were something on the order of six hundred billion in transactions.”

“It's frustrating that some policymakers are trying to fight against stable coins when it seems pretty clear that, that popularizing the dollar should be in our interest.”

“More and more people are contextualizing the valuation framework for Ethereum as a capital asset, and you can think about that burn almost like a company using its free cash flow to buy back stock. The units of ETH outstanding should decline as more and more s…”

“This is a market that I think will experience 10 to a hundred X growth over the next five to 10 years.”

“The number of wallets sending and receiving these and the number of stable coins outstanding have both been compounding at 40 to 60% per year for the past five years.”

“If you look at stablecoins today, they're a two hundred and thirty billion dollar market. Those two hundred and thirty billion dollars rotate on chain to the tune of about 27 trillion dollars last year in 2024, which was greater than Visa's total settlement vo…”

“80% of all transactions on blockchains involve a stable coin in one way, shape, or form.”

“Stablecoin, that's a true S-curve. It's so efficient way to move money around, so that's actually one that we're very much focused on now.”