The digital Tashkent, it seems, is Anchorage at the moment.

Yeah, good catch.

I was actually in the Silk Road last week, physically.

Yeah.

But the convergence of traditional and decentralized finance, again, happened that famous September 12th, 2025, when Tether and Cantor and Anchorage jointly announced the launch of USAT, the US federally regulated stablecoin, genius ready stablecoin platform.

uh that tether decided to enter the u.s market with this is very important because tether is a company that we all um like and cherish a lot because of all they've done in establishing an industry their meteoric growth is a symptom of a broader commitment to the industry they really started 10 years ago with behind the trenches work in tethering a dollar to digital tokens, initially for exchange to exchange dollar arbitrage, but later into more and more use cases, which eventually developed into settlements, cross-border payments, store of value, hyperinflation hedge, retail access to dollar accounts that would otherwise be impossible.

So all this financial innovation happening organically was not a coincidence.

What are your thoughts on how this balance occurs between stable coins and tokenized deposits?