Stablecoins crossed a line when usage stopped tracking crypto trading. That was the "aha moment," as @MarcRuby puts it, when it became clear something real was going on. When the link to crypto trading weakened and utilization kept rising, that was the first real sign for Marc that demand was coming from somewhere else. That shift helps explain why institutions are starting to take stablecoins seriously. JPMC is rumored to have hundreds of people working internally on stablecoin projects, treating them as infrastructure as opposed to an experiment. Watch the clip. Then catch the full @FintechTakes conversation for the broader context here: