Grateful for the main stage at Bitcoin Seoul.
1/ Crypto is better money technology. Not just a new asset class, but a fundamentally different way of doing things with money that weren't possible before.
2/ Crypto's earliest PMF was access to volatile speculation. The elephant in the room has been this: token is the product, price action is marketing, CEX listing is distribution. That model worked and built the industry we're in today.
3/ That's now slowly shifting. The use case is moving from how money gets made to how money moves. Faster, cheaper, and more programmable than anything TradFi has offered. Institutions and enterprises are leading this, not retail.
4/ (biased) Asia is the most important region to watch. Despite its economic weight, it's the world's most fragmented market. 8 major economies, each with different languages, currencies, regulations, and pain points. There is no one-size-fits-all playbook nor regulation, and anyone building as if there is will struggle.
5/ At the same time, Asia is the most digitally native continent. A few super apps dominate the way hundreds of millions of people consume news, communicate with friends, and shop groceries. Korea has the highest AI usage per capita in the world. These apps and infrastructures will serve as the perfect regional stablecoin settlement layer.
6/ Multi-chain is the default from Day 1, not a transition phase. Chains will consolidate and only a few strongest will survive. The future isn't one chain winning but users never thinking about which chain they're on. Asset issuers should focus on distribution and chains should focus on infrastructure.
7/ LayerZero sits at the center of this. 800 Asset issuers can scale across 170 chains via LayerZero. $9B processed in May alone and over $260B year to date.
8/ Stablecoins and RWAs will fundamentally change how my kids will invest, trade, save, and move money around the world. They will grow up in that world and I'm happy that I will have a few stories to share with them about building that world, although I'm not sure how much they will actually care. :)
Accelerate Asian Stablecoins.