When it comes to the institutions, having access to these types of stablecoins, that was the unlock because it offered the blockchain technology, but with a non-cryptocurrency.

Yeah, well, actually, this is way before institutions even came.

When this thing first was invented, it was literally just a way to bring a stable asset to this on-chain economy.

So people wanted to trade these more speculative assets, but they needed something stable like a dollar or something that was more grounded in the real world that they could trade.

like, for lack of a better word, tether that value to, you know, some sort of like anchoring to the real world from this like magic internet money or whatever else.

And so that was phase one.

And that was kind of more retail driven initially.

And when we're looking at, as these institutions are looking at this technology, are there specific frictions they're looking to solve other than just getting access to this large billion-plus, multi-billion-dollar industry?