Brian Armstrong

We now power crypto infrastructure for five of the top 20 largest banks in the world.

It's not just a US phenomenon.

We're seeing incredible adoption of crypto in emerging markets where people have high inflation.

And stablecoins are on a tear, not to mention prediction markets, et cetera, et cetera.

So I do think that we're at a breakout moment for crypto.

And yeah, it's a big opportunity.

Yeah.

Well, we're meeting with world leaders to talk about economic freedom and how crypto can help update their financial system.

We're meeting with central bank governors to talk about what they should do with stablecoins.

But probably the most interesting one group that I'm meeting with here are other bank CEOs, because we are having this moment in DC about getting market structure legislation passed.

And the bill has made good progress.

It got a strong bipartisan vote in the House.

It's now being deliberated in the Senate.

And there was a little bit of a blow up last week.

For that current draft?

Yes.

Yes.

Well, there was too many giveaways to TradFi, if I can say that.

Our view is that there should be a level playing field for this is allowed, this is not allowed, and then all the US companies compete.

And banks didn't like that.