What a great week in Korea for Korea Blockchain Week. Institutions are increasingly coming onchain. At our
@a16zcrypto KBW Summit, I moderated an all-star panel with
@YuvalRooz (
@digitalasset @CantonNetwork),
@PaulFrambot (
@Morpho), and
@jinglejamOP (
@Optimism) on the strong momentum behind institutional adoption in Korea, how to think about progressive privacy, and why local stablecoins matter. At the Asia Stablecoin Conference,
@alexlimasia (
@LayerZero_Labs) and I discussed how crypto rails are being used for "mundane" transactions like payroll, merchant settlement, and treasury management. That's a great sign: stablecoin transaction volume that doesn't move with crypto prices reflects real consumer and institutional adoption. I also managed to eat half my body weight in kBBQ and ramen along the way!