How does Lithic enable hybrid DeFi/TradFi products, and what is the potential upside to these products?

So we’re working with Eco, as you know. I think it’s a really interesting nascent category. What’s the most exciting thing about this is how tangibly it’s actually improving the lives of day-to-day consumers versus a lot of the DeFi stuff that has historically been pretty abstract and not mainstream. Like, the use cases aren’t something that I can easily articulate to a layperson, even a relatively technologically savvy person. So I think that’s the most promising thing about these folks making that more accessible.

I think our role here is similar to companies that are on-ramps to DeFi, like MoonPay and so on. We view ourselves as another ramp on and off DeFi. I think the challenge here is really: how do we do so in a way that is thoughtful and compliant? That’s where we spend a lot of our cycles, working with partners and being pretty selective about folks that we work with. We take that really seriously.