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Tom Zschach

Tom Zschach

Nov 7, 2026

11:52
What is your bigger picture vision for trillions of dollars on chain in a variety of asset types,
11:58
then what? I think all of this capability has been built, whether it's by Chainlink or by Aave or by other things, and you can see the real evidence of that, and that's why you're seeing the pickup.
12:09
I think you're going to see a whole other wave, where now that you have the capability, you need to get creative in terms of the products that you're going to be creating.
12:17
And that's already happening in the Web3 space, and you'll see that happen in the institutional space.
12:21
And some of them might not seem that kind of breathtaking when you see it.
12:27
Banks want to use deposit tokens to offer 24 by 7 payments to their customers.
12:32
You could do that with a stablecoin, so of course they're going to want to do that.
15:11
not
0:28
And so, I mean, maybe you could just tell us what happened over those six years that ultimately got you from where you started to where you were when you left.
0:37
It was a great run, and a great time.
0:41
The timing was perfect.
0:45
Super support from Javier and the executive team, really to figure out how to change the industry, how to set the strategy, and how to continue to do more for the members.
0:53
One of the things that's fantastic about Sibos is it's really a community show.
0:59
It's an event for the industry.
1:00
It's not a Swift event.

7 MINS LATER

7:45
What are people claiming and why is that not true? And what is the reality of the Swift Ledger? How does it work? What is the value proposition that it brings to these banks? Why are they choosing it as the alternative?
5:21
It's really apples and oranges, right?
5:24
It is in this category conflation in there.
5:26
OK, so first of all, if I can invest in Swift, I would without without question.
5:30
Right.
5:31
It's a tremendous value, but it's a network.
5:34
And so how do networks get more valuable? They add more endpoints or users and they add more density.
5:40
They have they use the network for for more.
8:40
And I guess, can you lay out exactly what the misconceptions are there?

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