@Sibos felt different this year. For the past few years, every financial services conference talked about payment rails, stablecoins and tokenization. It always felt like a solution in search of a problem .... surface-level initiatives hedging against "what may be." This past week in Miami, the conversations started with the problem. Then came the solution .... new settlement capabilities, real use cases for stablecoins and tokenized deposits. We've left the era of building for the press release. We're entering the era of financial markets transformation. The banks get it now.