Alessio Quaglini 2.1 1 idea

CEO & Co-Founder, Hex Trust
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"We have found a first use case for blockchain technology that is really addressing one big huge problems... the one of payments which is a trillion dollar problem." He notes that currently, cross-border transfers are slow (3 days) and have opaque fees. The incumbent system is an "efficient monopoly" that has refused to innovate. Stablecoins provide the solution to this friction. As infrastructure (wallets, compliance, connectivity) matures, volume will inevitably migrate from legacy SWIFT-style rails to blockchain rails to capture this efficiency. Long the sector. The friction is too high in the legacy system for it to survive without adopting this tech. Regulatory crackdowns or compliance failures, as the speaker notes "regulation and compliance is inevitable" when touching fiat.
USDT CoinDesk Feb 28, 18:00
CEO and Co-founder, Hex Trust
Alessio Quaglini (CEO & Co-Founder, Hex Trust) | 1 trade ideas tracked | USDT | YouTube | Buzzberg