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627.357 - 652.52 Chamath Palihapitiya

The number of companies that are beginning to adopt and use stablecoins is actually growing very quickly as well. Take a second to define stablecoins for the audience just to catch people up. Let me define what a stablecoin is, which is that you put a dollar into a wallet somewhere. And in return, you get a digital token of that dollar. There are two big purveyors of stablecoins.