What do you think is going to be the implication of having a wider adoption around the world of specifically U.S. dollar backed stablecoins?

So there are two camps to this, positive or negative.

I am very much pro the proliferation of USD backed stablecoins around the world with with responsibility being done in a way that respects the sovereignty of local countries.

And I'll explain why that's important.

From the US perspective, we are already the global currency, the international currency of trade and commerce.

And the reason is trust.

People trust the US dollar.

How important regulatory clarity in that competition?

He laid out the game theory for the Republican side specifically, and it's worth sitting with.

There's a silent... call it a silent majority of Republicans that if the financial industry doesn't want this, they don't want it.

There is a significant minority slash majority that will do whatever the White House says.

They're happy.

They'll take the orders, the marching orders from them.

If the White House wants it, they'll do it.

But then there's also a small minority.

Adrian calls this the clean slate problem, and he drew on an analogy from his own traditional finance background.

But just so the audience gets to know you, tell us a bit about your background and how'd you make your way to crypto.

Sure.

Sure.

I'd say, like a lot of people, uh, I actually come from a TradFi background.

So I spent 20-plus years, uh, in banking and then private equity, uh, first in, uh, New York and then going abroad.

So then I w- I joined a private equity group, b- DC based, called Allied Capital back in the day, and then they sent me to Hong Kong, and I did a stint in China.

But what was interesting is, as a, as a academic, I, I was an economist by, by trade.

Sponsored by Chumba Casino.

Tell us a bit about the international strategy and meeting with different folks in different countries to build on Tron.

One of the things I love about Tron is that they are very intentional when they think about the needs of their users.

But at the same time, they want to make sure that the users are the ones that are validating That thought process or those deliberate actions.

So they may have these ideas that are very specific to the developing countries in Africa or Southeast Asia or Latin America.

But at the same time, there has to be some thought into the hyper-localization that comes along with each of those geographies.

Right.

So Tron, on one hand, is being very deliberate about their expansion strategy, but at the same time, everything comes down to the user base.

But on