Flipster's GM discusses why crypto companies are moving back to the US market. He calls stablecoins the biggest innovation since Bitcoin and predicts traditional finance and crypto will merge in the next two to three years as US policy shifts.
Stablecoins is the biggest crypto innovation since bncoin. The reason I'm saying this is because stablecoin has a mainstream application that is absolutely obvious.
Everything has to start from a customer problem. At Flipster, we try to really center our attention towards traders, which is our customers. If you don't solve user problems, basically.
They will find.
Another platform that solves a problem better than yours.
We still see a wide range of countries that do different things from countries that forbid crypto entirely, countries that don't regulate, countries that have started regulating, countries that have a comprehensive regulatory framework like the UAE around.
Base, for example.
We now see that the vast majority of crypto companies are looking back into the US now. It is the biggest economy in the world. I think in the next two to three years we're going to see conversion of traditional finance players with crypto players that are going to come, that are going to start merging. The policy change in legislation that we saw in the US with the change of administration has been the door opening to opening the floodgates of that conversion from happening. And all of that conversion is going to happen now. It's a story of today, it's not a story of a promise in the future.
