Stern: Ethereum token value has vastly underperformed its network utility
Henri Stern · Stablecoin special: Zach Abrams (Bridge) and Henri Stern (Privy) · Nov 4, 2025 · at 46:31
Privy co-founder Henri Stern discusses token value capture with Bridge co-founder Zach Abrams and Stripe co-founder John Collison.
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“Ethereum, I think, has vastly underperformed its utility as a network.”
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