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I think I agree on on the defi Moe particularly but what I see for PayPal is them not explicitly going after the defi mode itamp;#39;s going after these the sort of traditional Business Payment transfer rail mode that Circle does not have today um thatamp;#39;s sort of an open market that needs to be fought over in the future because itamp;#39;s itamp;#39;s not here yet and whoever can capitalize on that is pro itamp;#39;s potentially and most likely a greater opportunity than the existing sort of like def5 usdc stable coin market today nothing said on zerox reseearch is a recommendation to buy or sell Securities or s this podcast is for informational purposes only and any views expressed by anyone on the show are solely our opinions not Financial advice Pacho Ryan and our guests May hold positions in the companyamp;#39;s funds or projects discussed whatamp;#39;s up guys welcome back to another episode of ZX research today Iamp;#39;m joined by Danny nikil and mark from blockwor