David Hoffman

And then the other part will be paid to stakers.

So it's kind of like a toll road on anybody who wants to transact with tokenized assets.

And like the first example of product market fit, um, with tokenization was stable coins, right?

Uh,

There's a lot of reasons why a tokenized dollar is better than one on like fiat rails.

But the big things are like accessibility is like it gives people around the world who don't have access to the US financial system, they get access to dollars through these tokenized assets.

So you're increasing the accessibility.

And then you're also like reducing all the friction of like settling those transactions, right?

Rather than if you had to send a wire or an ACH transfer, right?

It takes days.

Stablecoins are instant.

So it's way more...

efficient.

And you've even heard Jamie diamond kind of come around to like the advantages of stable coins.

Um, so stable coins are really just tokenized dollars.

And then that's going to happen with kind of like every single asset class, right?

So you start with dollars, like stocks will be next.

There's, um, uh,

you'll tokenize art.

People are talking about tokenizing real estate.