Latest / The Paul Barron Crypto Show / D.O.G.E. & Wyoming Choosing AVAX!?🚨Avalanche Wins Big!🔥

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D.O.G.E. & Wyoming Choosing AVAX!?🚨Avalanche Wins Big!🔥 · The Paul Barron Crypto Show

• 0:06
  Speaker 1: We got a big package for you today in reference
• 0:08
  Speaker 1: to Avalanche and what does it mean around the Wyoming
• 0:10
  Speaker 1: stable coin. We'll break it down for you. My name
• 0:12
  Speaker 1: is Paul Barre. Welcome back in the tech path. Do
• 0:14
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• 0:16
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• 0:41
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• 0:43
  Speaker 1: reward to get started if you decide to go in
• 0:45
  Speaker 1: that direction. You guys, remember that we have done a
• 0:47
  Speaker 1: couple of videos on the whole scenario that's been playing
• 0:51
  Speaker 1: around the Wyoming stable coin. And this is in reference
• 0:55
  Speaker 1: to who was going to win.
• 0:56
  Speaker 2: Well.
• 0:57
  Speaker 1: A couple of months ago, it looked as though it
• 0:59
  Speaker 1: was going to either be Avalanche or Solana. There was
• 1:02
  Speaker 1: a lot leaning into both of them. They had Salona
• 1:05
  Speaker 1: leading the way. They're thirty two on their score. Go
• 1:08
  Speaker 1: back and watch those videos so you can kind of
• 1:09
  Speaker 1: understand the whole scoring system. I won't go through all that,
• 1:12
  Speaker 1: but Avalanche was right behind them along with Suite right
• 1:14
  Speaker 1: behind them as well. So what's happened though, is there's
• 1:18
  Speaker 1: been a lot been going on with Solona if you
• 1:20
  Speaker 1: haven't been watching, so I think that has started to
• 1:23
  Speaker 1: move the decision making process and the selection of Avalanche
• 1:27
  Speaker 1: to go into the final phase to make this a
• 1:31
  Speaker 1: reality in terms of a stable coin in the state
• 1:33
  Speaker 1: of Wyoming. I want to go to the final RFP
• 1:37
  Speaker 1: process so you completely understand it. Take a look.
• 1:39
  Speaker 3: Terms of results, we did receive thirty eight proposals across
• 1:42
  Speaker 3: our seven RFPs for RP one token development and support.
• 1:46
  Speaker 3: Those qualified vendors were Bridge Ventures Incorporated, Layer Zero Labs Limited,
• 1:52
  Speaker 3: missed In Labs Incorporated, EVA Labs Incorporated, and Fireblocks Incorporated.
• 1:58
  Speaker 3: For those latter two, the Labs and Fireblocks, we do
• 2:01
  Speaker 3: expect them to be consolidated with a oral interview for
• 2:06
  Speaker 3: RFP two because in RFP two for token distribution and support,
• 2:10
  Speaker 3: our qualified vendors that we are going to bring forth
• 2:13
  Speaker 3: recommending Blockchain, dot Com Incorporated, Ava Labs Incorporated, and Fireblocks Incorporated.
• 2:18
  Speaker 3: So again there's a slight bit of repetition there that
• 2:21
  Speaker 3: is intentional as these firms cover multiple different areas.
• 2:25
  Speaker 1: And the selection process is going to happen very quickly.
• 2:28
  Speaker 1: The oral interviews will now be hosted between Monday, February
• 2:31
  Speaker 1: seventeenth and the twenty fifth, and then the results are
• 2:34
  Speaker 1: going to be presented the Commission in its monthly meeting
• 2:36
  Speaker 1: on Thursday, the twenty seven, So that's this month we
• 2:39
  Speaker 1: are going to have a final initiative going forward with
• 2:41
  Speaker 1: a stable coin selection for Wyoming. Now why is this
• 2:44
  Speaker 1: important Because there's a lot of people, I think that
• 2:47
  Speaker 1: don't completely understand is this a big deal. It is
• 2:50
  Speaker 1: a big deal because it's going to drive the way
• 2:52
  Speaker 1: not only for the rest of the States to possibly
• 2:55
  Speaker 1: look into this, but it's also in going to get
• 2:58
  Speaker 1: into toke N securities. And there are some key things
• 3:02
  Speaker 1: here that you're going to have to watch. Because I
• 3:04
  Speaker 1: want to play a few things for you in terms
• 3:05
  Speaker 1: of a clip to kind of lead you down this path.
• 3:07
  Speaker 1: Take a look.
• 3:08
  Speaker 3: For RFP four, which is reserves management. One would be
• 3:12
  Speaker 3: Securitized Markets LLC, and that would be with the structure
• 3:15
  Speaker 3: of the black Rock, the BUILDHL fund, Franklin Advisors and
• 3:18
  Speaker 3: Whish is the branch of Franklin Templeton or the Benji Fund.
• 3:21
  Speaker 3: We're looking to speak further with Deloitte.
• 3:23
  Speaker 4: And two LLP.
• 3:24
  Speaker 1: All Right, so as you can see, he mentioned quite
• 3:26
  Speaker 1: a few of traditional finance you know, institutional black Rock
• 3:30
  Speaker 1: right there, powered by Securitized. We already know that we've
• 3:34
  Speaker 1: had the Securitized team on here talking about this before.
• 3:37
  Speaker 1: Avalanche playing into this as well. And then if you
• 3:39
  Speaker 1: go into some other scenarios Blackrock and the Biddle token,
• 3:43
  Speaker 1: which is what he mentioned right there. Guess what, who's
• 3:46
  Speaker 1: the number two right there? Avalanche holding in the chain
• 3:49
  Speaker 1: breakdown on Biddle which means Token I securities and the
• 3:52
  Speaker 1: opportunity for this to be able to expand is going
• 3:55
  Speaker 1: to be pretty significant going forward. So a lot happening
• 3:58
  Speaker 1: here for sure. Franklinton also talks a little bit about Benji,
• 4:02
  Speaker 1: which is their new Token I security platform that is
• 4:06
  Speaker 1: getting ready to launch on Avalanche. Take a look.
• 4:08
  Speaker 5: You know, we're super happy because it's been several months
• 4:11
  Speaker 5: that we've been in this conversation specifically with the Avalanche
• 4:13
  Speaker 5: about this journey and to be here right now as
• 4:15
  Speaker 5: as a kind of high five moment for all of us.
• 4:19
  Speaker 5: This is a better ecosystem for capital markets and for
• 4:21
  Speaker 5: financial transactions. Therefore, we see the avalanche continuing to grow
• 4:25
  Speaker 5: and find use cases. I mean, we love your story
• 4:28
  Speaker 5: about the California DMV being a California and myself the
• 4:32
  Speaker 5: idea that that you're helping unlock massive efficiencies for users,
• 4:35
  Speaker 5: and then it shows the use case real records management
• 4:38
  Speaker 5: use cases that they are going to come to impact,
• 4:40
  Speaker 5: you know, people's lives. These are the same feature sets
• 4:43
  Speaker 5: that unlock a whole bunch of other things assets across
• 4:45
  Speaker 5: the planet. Let's do another virtual high five to the
• 4:48
  Speaker 5: Avalanche team for that pre virtual high five high five.
• 4:52
  Speaker 1: All right, So good things happening over there, Benji Investments.
• 4:55
  Speaker 1: This is the Franklin Templeton app where you'll be able
• 4:58
  Speaker 1: to go in and really start to track these other
• 5:00
  Speaker 1: things that you can kind of look at right here.
• 5:02
  Speaker 1: Blockchain builders now have the same have seamless access to
• 5:06
  Speaker 1: verified data on these assets. So this is a pretty
• 5:09
  Speaker 1: big move here. The integration empowers DAPs and innovators and
• 5:13
  Speaker 1: innovations which trusted real time information. Now when you say
• 5:16
  Speaker 1: real time, you know that that means blockchain. Real time
• 5:19
  Speaker 1: means blockchain, and this is going to indicate a lot
• 5:22
  Speaker 1: of other things when you look at how things are tracked,
• 5:24
  Speaker 1: because this is the Jerry Digital dashboard here, and if
• 5:29
  Speaker 1: you look at some of the things, I'll just click
• 5:30
  Speaker 1: into the black bitcoin point beieuz is. This is all live,
• 5:34
  Speaker 1: so you can kind of see where the transactions are.
• 5:36
  Speaker 1: If you go into the block explore, let me show
• 5:38
  Speaker 1: you one other thing down here at the bottom. You'll
• 5:40
  Speaker 1: see something right there data public and private. You're able
• 5:44
  Speaker 1: to be able to track both of those down which
• 5:46
  Speaker 1: is kind of interesting. If you go to the private data,
• 5:48
  Speaker 1: it's going to pop up this little section right here
• 5:50
  Speaker 1: says hey, you don't have authorization. So that's a good
• 5:53
  Speaker 1: example and why these l ones with Avalanche could really
• 5:55
  Speaker 1: make a big difference on this. Now, remember we put
• 5:58
  Speaker 1: this out not too long long ago, the RBA rankings.
• 6:01
  Speaker 1: It looks like avalanchees now flipped Solana, and this is
• 6:04
  Speaker 1: where we think it's going to be going in terms
• 6:06
  Speaker 1: of real world assets, possibly Avalanche being one of, if
• 6:10
  Speaker 1: not the leader in our WA's and of course, now
• 6:13
  Speaker 1: what we're seeing is this starts to move right into
• 6:16
  Speaker 1: position as Solana crashes the meme cooin market. We've seen
• 6:21
  Speaker 1: Solona clash almost thirty eight percent since it's peak in January,
• 6:25
  Speaker 1: so again this could be good timing for what Avalanche's
• 6:28
  Speaker 1: team is starting to roll out. Other things I want
• 6:30
  Speaker 1: to hit on right here, if you look at what
• 6:32
  Speaker 1: has been going within the Avalanche ecosystem when it comes
• 6:35
  Speaker 1: to memes, this is the catboard and this is where
• 6:38
  Speaker 1: it gets into tracking suspicious activity. They're going into a
• 6:42
  Speaker 1: different approach meaning Avalanche when it comes to meme tokens.
• 6:46
  Speaker 1: What you see with this, like the Wink wall, is
• 6:49
  Speaker 1: they're starting to build trust in these communities, and I
• 6:51
  Speaker 1: think that's the thing that is lacking in what we're
• 6:55
  Speaker 1: seeing over on the meme coin communities inside on Solana,
• 6:59
  Speaker 1: so that will be a big deal. If you look
• 7:01
  Speaker 1: at the performance right here, Kat one of the best
• 7:03
  Speaker 1: performing meme coins out out there, and of course even
• 7:06
  Speaker 1: Wink I think just in a short period of time
• 7:08
  Speaker 1: also started to move and get some movement as well.
• 7:12
  Speaker 1: Other things I want to hit on right here is
• 7:14
  Speaker 1: Wyoming's treasury should also run on blockchains. Since stable Coin
• 7:18
  Speaker 1: Commission is talking about this, and there's a couple of
• 7:21
  Speaker 1: points within this that are pretty interesting. I think it's
• 7:24
  Speaker 1: great starting point, but I do think that at real
• 7:26
  Speaker 1: time traceable ecosystem is exponentially better. So they're starting to
• 7:32
  Speaker 1: see the power and the real use case. I think
• 7:35
  Speaker 1: you already have started to see most of you know,
• 7:39
  Speaker 1: token is securities, black rock, what we've seen, even with
• 7:41
  Speaker 1: JP Morgan, quite a few of advancements in this. Now
• 7:45
  Speaker 1: the States have started to uncover a lot of what's
• 7:48
  Speaker 1: happening now. He mentioned Deloitte and Touche there, and Deloitte
• 7:51
  Speaker 1: has been running a blockchain platform test that was originally
• 7:55
  Speaker 1: on FEMA and they were doing on Avalanche for a
• 7:58
  Speaker 1: couple of years. This is a clip that talks about that.
• 8:01
  Speaker 6: Take a look any equipment that a jurisdiction might be
• 8:05
  Speaker 6: using in their recovery efforts, such as a cop car
• 8:08
  Speaker 6: or a truck that they're using. They can actually link
• 8:12
  Speaker 6: that piece of equipment to its equipment rate with FEMA,
• 8:16
  Speaker 6: or things like batteries, sandbagging, nails, hammers, any type of
• 8:21
  Speaker 6: material that they're using in their recovery, they can upload
• 8:24
  Speaker 6: and have a record of all that information here along
• 8:27
  Speaker 6: with invoices and receipts.
• 8:28
  Speaker 7: I've been with Deloitte for about three and a half
• 8:30
  Speaker 7: four years now. I have a heavy background in cybersecurity
• 8:34
  Speaker 7: and some of you're thinking, where's a blockchain. Well, that's
• 8:36
  Speaker 7: the point. You don't see the blockchain. The blockchain shouldn't
• 8:38
  Speaker 7: be seen, but it is working in the background. Whenever
• 8:41
  Speaker 7: something is changed in the system, that is reflected in
• 8:43
  Speaker 7: the blockchain.
• 8:44
  Speaker 6: And especially for the information that's stored in a facility
• 8:47
  Speaker 6: on paper. If you have a disaster, so you have
• 8:49
  Speaker 6: a tornado or a hurricane that levels a building that
• 8:52
  Speaker 6: has all of your files and all of your information
• 8:54
  Speaker 6: in it, then what do you do? How do you
• 8:56
  Speaker 6: submit your documentation? You don't have it, so you can't
• 8:59
  Speaker 6: submit that.
• 8:59
  Speaker 8: In and so the goal then is to create these
• 9:02
  Speaker 8: pushbuck and deployments, and so it's much faster for them
• 9:05
  Speaker 8: to get to market and therefore ultimately bring the solutions
• 9:09
  Speaker 8: back to solve problems. The Deuit team has really opened
• 9:12
  Speaker 8: our minds to hey, there are these use cases that
• 9:15
  Speaker 8: are specific to government that maybe we hadn't thought about.
• 9:18
  Speaker 1: I think there's some big use cases that are specific
• 9:21
  Speaker 1: to government and it's starting to showcase now, especially what's
• 9:23
  Speaker 1: worth happening with those You've got Anthony Apollo here, who's
• 9:26
  Speaker 1: leading that commission in Wyoming, the stable Corn Commission. Right here,
• 9:29
  Speaker 1: he says published its assessment with blockchain networks for initial issuance.
• 9:33
  Speaker 1: And he's saying, Hey, we've done all this work, scoring
• 9:35
  Speaker 1: rubric the research. We know what is the best chain
• 9:38
  Speaker 1: to select. By the way, dog Eli Mush, David Sachs,
• 9:42
  Speaker 1: and Bohines, we can help you understand where this is going,
• 9:46
  Speaker 1: save you a lot of time. So Elon, take a
• 9:48
  Speaker 1: look see what Apolo has to offer, because I think
• 9:50
  Speaker 1: they've done a lot of work here. Other things I
• 9:52
  Speaker 1: want to hit on. And this is a clip of
• 9:55
  Speaker 1: Cynthia Lumas talking about supporting Doze.
• 9:59
  Speaker 9: It start to look like blaming Elon Musk is trying
• 10:03
  Speaker 9: to change the subject, trying to blame Elon Musk for
• 10:08
  Speaker 9: shining a light on Congress's wasteful spending.
• 10:13
  Speaker 1: All right, so you can kind of see it. I
• 10:14
  Speaker 1: think the Dems and the Republicans have all kind of
• 10:17
  Speaker 1: come to an alignment here, is that saving money for
• 10:19
  Speaker 1: the American tax paper is a good thing. Granted, yes,
• 10:23
  Speaker 1: Elon's taking a lot of heat. But if you go
• 10:25
  Speaker 1: over to the dose savings page and you scan down
• 10:28
  Speaker 1: a little bit, I love the theme by this, by
• 10:30
  Speaker 1: the way, and right there. Initially this is going to
• 10:33
  Speaker 1: be updated twice a week. Overtime, website will improve and
• 10:36
  Speaker 1: the updates will converge to real time. Real time simply
• 10:39
  Speaker 1: means it's going to be on blockchain. Guys, this is
• 10:41
  Speaker 1: going to be on blockchain. There's all the different things,
• 10:44
  Speaker 1: the wall of receipts, all of this is going to
• 10:45
  Speaker 1: be able to link out to the blockchain and have
• 10:48
  Speaker 1: complete transparency. Can you imagine having complete transparency in your
• 10:51
  Speaker 1: government of where that money is going? Blockchain does this.
• 10:56
  Speaker 1: This is a big deal going forward. Taking a look
• 10:58
  Speaker 1: at Wyoming stable Coins layout page on their procurement right here,
• 11:02
  Speaker 1: you'll notice one thing. Let me kind of zoom in
• 11:03
  Speaker 1: on there right there, the budget was only five point
• 11:06
  Speaker 1: eight million. This was the approved budget. Now this means
• 11:09
  Speaker 1: they've got to go fast to market and they've got
• 11:11
  Speaker 1: to add marketing on top of this. So there's a
• 11:13
  Speaker 1: couple of things they could do to get into marketing,
• 11:16
  Speaker 1: and one of course is tapping into some of these ecosystems.
• 11:19
  Speaker 1: There is the cat ecosystem. If you look at what's
• 11:21
  Speaker 1: happening there, there's an opportunity of building community quickly and
• 11:25
  Speaker 1: an opportunity to maybe tie into this. Ket is a
• 11:28
  Speaker 1: Wyoming meme coin, so good timing right there, and of
• 11:32
  Speaker 1: course other things are out there. Of course you have
• 11:35
  Speaker 1: to look at this right here. Kyle's talking about KET
• 11:37
  Speaker 1: an Avalanche unstoppable and it did all of this with that.
• 11:40
  Speaker 1: Let me kind of zoom in on that for you.
• 11:41
  Speaker 1: Guys did all this without even getting on a centralized
• 11:45
  Speaker 1: exchange listing, which means it's community driven. That's a big
• 11:48
  Speaker 1: factor here that could really help Wyoming because those are
• 11:51
  Speaker 1: grassroots initiatives that help grow communities around things, which could
• 11:55
  Speaker 1: be use case for Wyoming's stable coin. Don't forget that.
• 11:59
  Speaker 1: You have at also coming on as well. Man Elon's
• 12:03
  Speaker 1: gonna love that one. The Avalanche of course has the
• 12:05
  Speaker 1: l one capacity a meme coin can have its own chain,
• 12:08
  Speaker 1: so think about that because that's a big advantage. First
• 12:10
  Speaker 1: one just went live. Cocknet is now live. This is
• 12:12
  Speaker 1: another meme coin within the Avalanche ecosystem, overpowered by go
• 12:16
  Speaker 1: go Pool, which we've talked to the guys over there.
• 12:19
  Speaker 1: Fantastic technology and an opportunity here again to create community
• 12:23
  Speaker 1: around these which is very intrinsic in being able to
• 12:27
  Speaker 1: get a meme coin to be successful, which is what
• 12:29
  Speaker 1: we've had over here with Solana not being successful because
• 12:32
  Speaker 1: there's no community and it's just these pumpin' up schemes.
• 12:34
  Speaker 1: So there are some advantages to that I want to
• 12:37
  Speaker 1: go to. Of course, we have to address the elephant
• 12:41
  Speaker 1: in the room, and the elephant in the room is Cardono. Guys,
• 12:43
  Speaker 1: So I'm going to play a clip for you take
• 12:46
  Speaker 1: a look all.
• 12:48
  Speaker 2: In favor signify by saying, I, Hi, Hi, I.
• 12:53
  Speaker 10: Know if an elephant in the room hasn't been addressed,
• 12:56
  Speaker 10: I think we need to look at at least getting
• 12:58
  Speaker 10: Carbona to the to the table, if they're not already
• 13:02
  Speaker 10: there by some other means or mechanism.
• 13:05
  Speaker 4: That would be my suggestion.
• 13:06
  Speaker 2: Now I would entertain emotion to put Cardano in the queue,
• 13:11
  Speaker 2: understanding that it would have skipped to all of the analysis.
• 13:16
  Speaker 6: We don't have an RFP from Cardano, that is correct.
• 13:19
  Speaker 3: We did not elect Cardono as one of our candidate blockchains.
• 13:22
  Speaker 3: We did receive a letter from Input Output Globals leadership
• 13:25
  Speaker 3: team a testing that they did not have the feature
• 13:28
  Speaker 3: that we needed at that time. We had to qualify
• 13:30
  Speaker 3: them for the lack of a freeze and cease feature.
• 13:32
  Speaker 3: They have successfully demonstrated that feature, at least in a
• 13:34
  Speaker 3: test environment. There are a number of chains that would
• 13:38
  Speaker 3: make it back the process. We wanted to recognize that
• 13:40
  Speaker 3: we were proactively working on that to begin with.
• 13:43
  Speaker 11: We created the role and qualifications for exactly this purpose.
• 13:48
  Speaker 11: I'm going to vote against this addition. Unfair to the
• 13:53
  Speaker 11: other candidates, and to insert someone right now would only
• 13:59
  Speaker 11: slow down our process because I've already been questioned by
• 14:04
  Speaker 11: legislators on why we are so far behind from our
• 14:08
  Speaker 11: original goal.
• 14:09
  Speaker 4: We don't want to have any situation where there's a
• 14:13
  Speaker 4: gotcha moment on anything. But what was it the name
• 14:17
  Speaker 4: of the company? Input output Computer or something.
• 14:20
  Speaker 1: Or input output Global.
• 14:22
  Speaker 7: I'm a little confused what is meant to addressed?
• 14:25
  Speaker 9: And I would not recommend this.
• 14:27
  Speaker 2: I just want to make it clear. This is a
• 14:29
  Speaker 2: response to a press conference where allegations were made that
• 14:35
  Speaker 2: were terribles working at and inaccurate about what our process
• 14:40
  Speaker 2: has been. Is that fair?
• 14:41
  Speaker 4: I think that's an analysis that is accurate.
• 14:46
  Speaker 11: I'm sorry, do we have emotion still on the table.
• 14:51
  Speaker 11: I think.
• 14:53
  Speaker 4: I'll go ahead withdraw if the second is okay, and
• 14:57
  Speaker 4: Commissioner Pope go ahead and just run with it.
• 15:00
  Speaker 1: Okay, Yes, what a mess. This is the kind of thing.
• 15:04
  Speaker 1: And I think, you know, this is a community that
• 15:06
  Speaker 1: of course put a lot of pressure on Wyoming, and
• 15:09
  Speaker 1: of course Charles Hoskins and he came after us pretty hard,
• 15:12
  Speaker 1: saying that we were lying about all this stuff. Well
• 15:14
  Speaker 1: it's not true. We weren't lying. We were just going
• 15:16
  Speaker 1: and taking a look at the facts. And of course
• 15:18
  Speaker 1: the other scenario is we and many others like ICP
• 15:20
  Speaker 1: also excluded, would have built a demo. Well, you had
• 15:23
  Speaker 1: the chance. They've had open RFPs. Some things are just missed.
• 15:26
  Speaker 1: It's not a big deal, I don't think. I granted,
• 15:28
  Speaker 1: I understand that it's a home state for Cardono, but
• 15:31
  Speaker 1: just at the same time they are moving forward. It's
• 15:34
  Speaker 1: going to happen. Wait for it. Here we go. This
• 15:37
  Speaker 1: is Cardono's stable coin that was launched. This as a
• 15:39
  Speaker 1: February early February date. If you go over and visit,
• 15:42
  Speaker 1: the website basically says stable but still coming soon. So
• 15:46
  Speaker 1: that's the point. Just behind the eight ball versus a
• 15:50
  Speaker 1: state like Wyoming, who is well down the decision making
• 15:53
  Speaker 1: process and trying to get this out because it may
• 15:55
  Speaker 1: be too late for Wyoming already. So they are in
• 15:59
  Speaker 1: a very big crossair for sure. Now I want to
• 16:02
  Speaker 1: kind of just remind people that this was, of course
• 16:05
  Speaker 1: Charles Hoskinson talking about maybe we should get tuned in
• 16:08
  Speaker 1: where with XRP is going. But again Ripple told us
• 16:11
  Speaker 1: to wait till March. So again timing was just not
• 16:14
  Speaker 1: on Cardinal's side here for sure. Let's go over to
• 16:18
  Speaker 1: payments real quick. If you guys saw we reported this earlier,
• 16:21
  Speaker 1: and this is kind of the Avalanche card credit card
• 16:23
  Speaker 1: big wait list already, they're going to need to get
• 16:25
  Speaker 1: this advertised. But the point being is there's an ecosystem
• 16:28
  Speaker 1: that is already in place that would also help Wyoming
• 16:32
  Speaker 1: in developing a stable coin connection. Imagine that if you
• 16:34
  Speaker 1: could do that within the Avalanche payment card system with
• 16:38
  Speaker 1: the rank card and tying in a stable coin. Let
• 16:40
  Speaker 1: me go to a clip real quick, just giving an
• 16:42
  Speaker 1: explanation of that. All right, So there, yeah, but I'm
• 17:09
  Speaker 1: basically it's going to be crypto card pay. We're going
• 17:11
  Speaker 1: to see it. It's happening. There are the things that
• 17:14
  Speaker 1: when you look at payments, retail payments that are very
• 17:17
  Speaker 1: significant is being able to get to the level of
• 17:19
  Speaker 1: the point at sale. And this is one platform. This
• 17:22
  Speaker 1: is not a good one, by the way. The idea
• 17:24
  Speaker 1: is is they would provide you a point of sale
• 17:26
  Speaker 1: piece of hardware for a merchant, not charge you fees
• 17:29
  Speaker 1: and be able to leverage those fees against crypto. And
• 17:33
  Speaker 1: that's not the case with this one. This is just
• 17:35
  Speaker 1: like any other one which is going to charge you fees.
• 17:37
  Speaker 1: So the point being is we're going to see that
• 17:40
  Speaker 1: technology come. I anticipate we could even see spends within
• 17:45
  Speaker 1: existing technologies that are out there in the retail space
• 17:48
  Speaker 1: that will go crypto and will enable merchantless fees, meaning
• 17:54
  Speaker 1: the two to three percent that those merchants are paying
• 17:56
  Speaker 1: on millions and millions of dollars each month would be eliminated.
• 18:01
  Speaker 1: So big deal here for the future of retail payments.
• 18:04
  Speaker 1: So last point, former Tether CEO says he's going to
• 18:08
  Speaker 1: debut a rival yield bearing stable coin on ethereum Ennsalana,
• 18:11
  Speaker 1: and of course this is getting ready to also launch
• 18:13
  Speaker 1: of course on We've seen it on robin Hood and
• 18:16
  Speaker 1: many others. Could we see this also with things like
• 18:19
  Speaker 1: a wyoming stable coin. But again, is it too late?
• 18:23
  Speaker 1: Is the market already kind of secure? USDC is kind
• 18:25
  Speaker 1: of locked in right now. Tether of course has a
• 18:27
  Speaker 1: bangor market share, and then you have ril USD and
• 18:30
  Speaker 1: of course what's happening with Robinhood. Lots going on in
• 18:33
  Speaker 1: the market for sure. All right, if you guys are
• 18:35
  Speaker 1: not following us over on the Diamond Circle, make sure
• 18:38
  Speaker 1: and get in on that, and of course catch our
• 18:40
  Speaker 1: our own telegram group. We leave a link down there
• 18:42
  Speaker 1: and you can catch me out there on x at
• 18:44
  Speaker 1: Paul Baron. We'll catch you next time right here on
• 18:46
  Speaker 1: tech Path