@TheOneandOmsy Stablecoins are fiat currencies tokenized onto blockchain. Unlike crypto, they are backed 1:1 by underlying reserve assets, making them fundamentally different from unbacked crypto tokens.

Excited to work with @bzlwang (a fellow Aussie!) and @cclayporter as a design partner to @metalntwx, a Layer-1 blockchain designed for compliant global settlement at scale. Filling an important gap in infrastructure purpose built for licensed financial institutions to move and settle stablecoins securely, efficiently, and within regulated global frameworks. Follow this team 👇

For the past several months, @Airwallex has been the subject of false allegations originating with a board member of a direct competitor that include wild conspiracy theories about me. Today I am responding directly with facts and an independent security assessment that speaks for itself. I also want to use this moment to introduce Airwallex properly. We are a decade into building financial infrastructure that gives American businesses the ability to compete and win globally. That work continues. I was born in China. I arrived in Melbourne at fifteen with little English and no safety net. Australia gave me the education, the opportunity, and the freedom to build something. The United States represents that same promise, perhaps more powerfully than anywhere else on earth. We plan to keep building here.