Kai Risdell

You worried about that?

I certainly have it on my list of things.

that merits watching.

It's not keeping me up at night.

It's very opaque, Kai.

It's really hard to understand what the ramifications could be.

So it's on my list of things.

I probably read something about it, if not every day, every other day, and try and learn more.

Yeah, you and me both.

Speaking of learning more about something and also something being opaque, talk to me about what you're thinking about crypto and stable coins and that whole new regime of money that seems to be coming.

Well, let me talk about stable coins because that's on the mind of every community banker, if you'll indulge me for a minute.

I think lots of us see business use cases for stablecoin and an accelerated payment system.

What's got us all anxious is that basically our business is not super complicated.

We gather deposits and we lend them out.

But if I can get some kind of reward that's like getting the rate on my money market account, I might be incented to park those former bank deposits in stablecoin.

And if we don't have deposits, we're not going to make any loans.

So I think it's a little bit of a complicated issue, but I think we can solve it if we continue working together.

Stablecoin, I should have said, a form of crypto that's tied to the dollar, supposed to be stable, unlike most of the rest of crypto.

So that's what Laura's worried about.

Yes, exactly.