The New Crypto Economy: AI, Stablecoins, RWAs & Trading

I love to hear it man. Like those are the rails that actually makes the needle move. I appreciate having you. Let's get right into it because there is a lot of things happening in our space. There's a lot of people trying to do all sorts of things. And at the end of the day, nothing really happens without people like yourselves guys. People are actually building infrastructure that makes it all possible. I kind of want to get into this conversation with the idea of like what is actually moving? What's actually defining where we're headed to next? Because a lot of times, yeah, sure, we can't predict the future. But the good old saying that it does end up rhyming. So talking about rhymes, where do y'all think we're kind of headed to? And is there a next phase we'll have been seeing? Because like I said, are the ways have been a big part of my life. But some people never touch them. Which is kind of rare these days. If you've ever touched a stable coin, you've touched an RWA. But and I just want to open it, open this one up and see who wants to kind of jump in first. What do you think is going to be like the defining phase of this next crypto economy? Is there something that we should be looking out for, something that we should be paying attention to? Yeah, I can jump in here to start. I guess I might be a little biased here, but I think the next phase is really on the payments and stable coin side. I think innately anything to do with Web 3 is transforming how the underpinning of the financial markets work within the world. We saw within the last crypto winter, despite all of the headwinds against Web 3, stable coin companies were still continuing to raise and grow at a pretty rapid pace. And so I think they'll continue to do so. I mean, just to give you a quick example. From our side, our volumes were able to grow pretty substantially despite, again, all the headwinds this last year within the space. I'd say most of our clients today are institutions and traditional tried five firms that are leveraging stables for faster and more cost efficient cross-border payments. So these aren't even native crypto companies that are utilizing stables, but really just like your everyday payments companies that are finding out that this technology is the best way to go on the most optimal way to send money globally. So that's been fun to see from my side. You've got a great point. Yeah, I mean, I can't say the number of companies that I work with that are, let's say adjacent to crypto. And yet they love stables, man. Like it does make a big impact on how the economy's kind of moving, especially for Web 2 companies that are just trying to work cross-borders, just recently work with somebody that does Salesforce. So you think of Salesforce, oh yeah, that's a big Web 2 organization. Man, let me tell you, there's plenty of people out there actually looking to add crypto rails even to just be their clients and sometimes even employees. So it does make the life a lot easier. Amari, when it comes to what you guys do over there, can you kind of tell me if you're seeing any of these trends kind of emerge and is it impacting your business at all? Yeah, so that's definitely so on my side, we've been mostly focused on the AI side, more than a more than a WN stablecoin first. We have some activities also in the Institute of Tech Space, but what we see a lot to answer to your first question is that a lot of rails have been done to bring institutions on chain. Right? As we were saying, stablecoins volume are there. Totally it's institutionalized, it's already working a lot. On what's defining the next phase, I believe on the LWA side, is bring that, let's say, as a project is here for KenBuy. Right? It's right now we see a lot of let's say more POCs from corporate and from institutions and it's growing in that direction and the fast to the adoption there. And that's what we're going to see a lot of volume on a lot of these projects. So we've seen the stocks being tokenized. We've seen a private credit, growing and everything. A big fan of the insurance sector that's been a bit laggy on that and we see a lot of things coming there. And so as every time and that's what we've seen in many industries, right? So you have foundation being first and kind of proof of concept and early adopters and into growing after. On how everything impacts there, what you mentioned about cross-border payments. Obviously, from a lot of web to companies and web to companies in working, with a lot of AI-native companies or wanna be AI-native or trying to be AI-native companies, it's working a lot. So there's a good synergy between what we can do on the blockchain side and on the AI side. Mostly because from my perspective, I see blockchain as being the trust layer. And with everything we see on the AI side, it's about authorization and what you can do, what you can give an agent in order to transact. And so that's where we believe one of the big thing is coming is that is authorization and everything that's on the public ledger and transparency is going to be very important for both worlds. Man, immutable records. That is the name of the story. I'll tell you that much because we deal a lot with logs being deleted and people essentially, well, not people, but agents hiding their tracks simply because they can. So yeah, I mean, yeah, I'm super excited for what blockchain tech can actually do in this AI space. Ludo, let me ask you to kind of bring it all together because you guys at brick and they're going to double down and guessing when it comes to the RWA's. You're not looking to sell RWA's. You're trying to need the RWA products from what I understand. What's going on as far as those go? Are they, you're looking to see an increase in the RWA's? Are things looking a little bleak? Like where do you think we were headed next when it comes to the RWA's space? Thanks for the question. Actually, it's really interesting. No, you got this right. And we are building the infrastructure for everything. We are enabling the tokenization and bringing all those assets on chain. And today, I mean, we expect in like 77% of the institution that are already waiting and expecting to collateralize RWA's and get an liquidity. So even with the new news from the TCC, and they jumping in into the market, I mean, actually, that's great. And that's a clear signal of convergence. Because we have the money being tokenized, stable coins, then we have the RWA that are simply the assets. And then there is defying, enabling, and collecting, connecting everything. So I'm really positive about the space. Of course, there are up and down. But at the end of the day, I mean, this is a new infrastructure, a complete new financing infrastructure that we are building, right? And then on top of that, we can also add the agentic layer that, of course, we all agree in the future being agentic, in agentic economy, et cetera. And if we take the blockchain as a yes, a trustable layer, but also for a layer where the agents can really run and take informative decisions, I mean, and verify every data, OK? Then we are enabling really a new scale of velocity and trading of any kind of assets and the really economy will change a lot. So I think it's a big convergence of the three, four different aspects of this new revolution. Man, I love how you put that. Les, let me just kind of kick back to you real quick here. What does it really look like? Does it feel like it's finally that crypto is finally becoming a little bit more integrated with the broader financial systems? And where does it come from? Are they coming over to our space? Are we going over to theirs? In your viewpoint here, what does it actually look like? Yeah, that's a great question. I think naturally finance is fairly rational. And the free markets are fairly rational. And so if you have a product that is better, faster, more cost efficient to utilize, then people will naturally gravitate towards that. And so I think we see a lot of tradify moving over to utilizing like stablecoins, for example, just because it's the most efficient form of money movement, and it will continue to dominate. I think internally at high-fi, you would assume that a stablecoin company or that somebody building in the web space, a web three space, is servicing mainly other web three clients. I'd say it's quite opposite with high-fi. Probably 80% of our current client base are traditional financial institutions, whether they're cross-border payments companies, remittance applications, neo banks, or even corporations utilizing us for global repatriation to be able to move money from their business accounts within the US, into their home-based accounts in Japan or Mexico, or wherever in the world they're based. And so that's kind of what I've seen from our side, which has been pretty fascinating. Man, all right, so if y'all didn't know, it is 5.60 AM for me. And I just want to make sure y'all know that we're here to have a good time, and the information these guys are providing you is incredible. It's just stuff that's actually going to make a difference long-term. So when Lance comes around and says, the reason why things are moving this way is because things are moving better. It's a stronger setup for the way they were operating. They end they out. I just like to have fun. I couldn't help it, Lance. But when you said that, the only thing I could think of was that fun. Go ahead. I love it. It's the only thing that I can think of. And let me tell you, music keeps me going, man. When I'm doing spaces at 5 AM, I don't mind at one bit, because I get to talk to incredible people like yourselves. And I always got music on my mind. Let me ask you, Ludo, just coming straight back to you, what is this driver for all of this growth when it comes to these tokenized assets here? Is it just because the money is faster? There is more liquidity. What's the reason that a lot of these things are getting tokenized in the first place? OK. So I mean, in the first place, I would leave the space still in the stable coin. I mean, that's the space that is growing the most. And I think the high five lands, I mean, so that and can really recognize that. From our perspective, we are of course seeing like increasing the month over the last year. And of course, then the clarity acted in past. So we missed maybe that boost for this year. But I mean, we are still having positive numbers, of course, and growing. We are seeing, I mean, receivables, you know, factoring, I mean, private credit, of course. But I mean, short terms of fixed rates and instruments are the most preferred right now. And again, what we are seeing and where we grow the most is just providing infrastructure. So there is a big demand of new entrepreneurs or new players that they want to trump and have final organization infrastructure. And that's why we are where we are at the end value today. So we are seeing like, for example, it's a credit company, micro credit company, et cetera. They're targeting our APIs because now they see these efficiencies. And again, it's all about efficiency. As a landslide, I mean, why everyone is now using stable coins in an institutional level because it's way more efficient. So in that case, it's the same for RWA. When you organize an asset, then you can really squeeze everything of the value from here, from that. And actually, we are still missing a little bit of, I mean, grow into the defy space in order to collateralize the assertable. And the lack is coming from the lack of data, right? Because still, I mean, yes, we can tokenize the assets et cetera. But is the data really certified on chain verified? So that's, I think, something that many companies are solving today, I think has been a topic this year already. We have mature solutions around in the market. And once the data will be verified on the blockchain, then we will be way easier. And now we are seeing, again, it's the CCC. I mean, we saw the APO of security. So it's really consolidating all the space. And once all of this will get together, then we will enable everything. And again, it's all about efficiency. It's operative efficiency. And it's really generating more value on top of what you already had before. And he just brought us something really, really cool. And again, if you all don't know this, I am not a solo person. I don't just make spaces happen. I have some incredible team members. I put some incredible information behind this. So I get documents over documents over documents about, hey, here's the topics. Here are some things that we can talk about. And then we have people like Ludo that come up and make such great points about data. And I'm like, I'm going to deviate completely from this document because I got real questions that we actually care about. I want to get to the bottom of it. So, Sophia, thank you for all your hard work. I'm going to deviate just a little bit, because this is important. Amari, I want to get to into this conversation. We're talking about the data and how essentially having verifiable data makes a big difference. You're in the AI space. How does that impact you? When we're bringing these assets on chain with verifiable proofs, does that change the way that agents are essentially operating in the space? Does it make them more agile? Does it make them more efficient? Like, what's the impact? Yeah, so definitely. So there's a.