Bridger Pennington on stablecoins: transaction volume surpassed Visa, Mastercard, and American Express last year. He argues they're faster and more reliable for international transfers, and frames the technology as a major generational wealth opportunity.
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Stablecoins use Ethereum, and of stablecoins, by the way, last year transaction volume surpassed Visa, Mastercard, and American Express for stablecoin transaction volume. Now that was last year in a negative administration towards crypto. I'm very curious this year and the next year what stablecoin transaction volume will do because everyone's talking about it. This is this new way to move international money. You don't have to wait three to five days for a wire to hit with a six percent international wire fail rate. That's in a phenomenal just transformation of technology, and I agree with what you said. This is our generation's thing. What a What a sad story it'll be if we are grandparents one day and our kids go, man, how did you miss that, Grandpa? Yeah. It was right before your eyes. The president was talking about it. The Genius Act, uh, they named it after me, and I want to thankā But all the institutions were doing it, and you just decided to play video games on the weekend? Like, what were you doing?