David Hoffmann

And they have a stable coin that's regulated by the UAE central bank on top of it.

So it's all sanctioned.

And the idea is that UAE residents can use a digital currency, basically a stable coin,

as a bank account, essentially.

They don't even know necessarily they're using crypto.

Of course, all of this is private.

So part of ZK Sync is it can be private as well, but then it's all connected to the L1 ecosystem.

So if anybody or even some of these regional banks on this ADI chain want to go take out a $100 million money market loan against Aave, they can do that seamlessly without having to bridge.

That's right.

Why isn't crypto mainstream?

Why isn't crypto... It's really cool.

It's cool, though, right?

Basically, the story is all of these fault-proof, optimistic roll-up chains with seven-day withdrawals, they're all going to get upgraded the way Celo is upgrading Jello to ZK.

Space is a Layer 2 chain from Coinbase, of course, and they launched a bridge to Solana.

But was this a hidden vampire attack against Solana?

Or was this an act of love?

They're just trying to get more people on chain, as Jesse always says.

The Solana tokens, they live in a different world pretty much, right?

Yeah.

It's all in the Solana ecosystem.