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Actually feel like everyone keeps making this comparison to fintech, but it's actually more like and not even banks, just like non bank financial lending people were and and massive this thing. Like like every major private credit fund CEO was at this. And so I kind of feel like Circle has a very different audience than Tether, and that audience, his net worth is, like, almost disjoint. And the set of people who will use both is almost, like basically, the only time that it's gonna overlap is in the curve pool to trade USDC for USDC. Not
a dividend. It's
a tale of coupon.
Now your losses are on someone else's balance sheet. Generally
speaking, aircrafts are kind of pointless anyways. ETH is the ultimate possible.
DeFi protocols are the antidote to this problem.
Hello, everybody. Welcome to the chopping block. Every couple weeks, the four of us get together, give the industry insiders perspective on the crypto topics of the day. So quick controls, we got Robert, the crypto connoisseur and czar of Super State. Good
morning, everybody. Next,
we've got Tarun, the Giga Brain, and Grant Poobah at Gauntlet. Yo. Joining us today, we've got Laura, CEO of the show. Hey,
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