Been writing this up so it's a bit late, but wanted to take a moment and say how thankful & grateful I am to get the opportunity to build in this space with all of the legends out here. As I take a breath and reflect this Thanksgiving, there is so much to be thankful for. Our team, our community, our ecosystem, our investors, and my cofounders. Very literally we would nothing without this incredible group here to help and guide us. @teddyP_xyz @eyqshen and myself started @plumenetwork late 2023. It was called Root at the time and going back to the old deck reminds me of a) how bad it was lol and that b) while many things changed, many stayed the same. Regardless of form, we've always been driven by a very simple idea -- life is better onchain. And it's because onchain life is open & permissionless. Global 24x7 access coupled with open & bottoms up innovation leads to incredible things. The real world doesn't operate this way. In the real world most things are gated. You can't innovate on them without permission to. And that's why most things in the real world suck and mostly still stuck in the 80's. When you make things software, incredible things happen. Anyone can use, anyone can build, and it unlocks new facets that we previously didn't know was possible. We've already seen this happen with the stablecoin. The stable has already transformed the world. It's the best tool we have today for onboarding new users, new countries, new institutions. And the stablecoin is the original RWA. But unlike most RWAs today, the stablecoin was different. And the stablecoin today is largely excluded from the RWA topic. And the reason why is that the stablecoin is just crypto. It's open, composable, permissionless. I use the stablecoin just as I use anything else in crypto. And that is the key. Innovation always happens in 2 ways -- a) bottoms up and b) through net new use cases. It's never about carbon copying what already exists and putting it onto new infrastructure. And that is what both sets us apart and powers us at Plume. Most in RWAs see a big name like BlackRock and run towards it with full force. But they forget onboarding BlackRock into crypto will take a decade. And so while the insto activity is cool, a dozen users with no transaction volume doesn't really seem like the answer. So the question really is -- how do you actually onboard the world? Latin America is one of the largest users of crypto today with 10% of all global crypto activity, driven by real usage. Argentina's inflation rate is 193% (Oct 2024) and the savings rate in the bank is 40%. Helping people stop their money from disappearing at the rate of 4x every year is simply the best product on the planet. This is how we grow crypto and why we @plumenetwork are so excited about the future. Real use cases, real users. And real yields. This is how we grow crypto. And if we do this even to a fraction of the potential, it will be huge for all of us that live onchain. Cypto today is a $3.5T asset class. Blackrock alone is $11.5T. Let alone all of the other institutions and every other category in the world. The scale & size of the opportunity is so large it's hard to even articulate. So this Thanksgiving, I'm grateful that we @plumenetwork have been given this opportunity to do the best work of our lives and change not just an industry, but the entire world. The stars have finally aligned between tech, user adoption, and macro (ie regulation) and these opportunities don't come by often. We have an amazing ecosystem of partners, the best community (shout out to the Goons), and an absolutely cracked team to tackle this. So while many will chase headlines, we're here for the long term to build and bring the whole world onchain. Come join the good squad and let's build. Onwards!