We have USD1, which is the fastest growing stablecoin on earth right now. And it's pegged one to one with Treasuries off of the US dollar. And so There's no question that the Swift system is going to disappear. There's no question that finance is going to become 24 7. There's, there's no question that you're going to have this defi atmosphere using blockchain and smart contracts that can play a major role in the role that traditional finance is playing right now. (1:05:15–1:05:19)
CLAIM
Asserts that the Swift financial system will become obsolete.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
