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Why Every Company Will Launch a Stablecoin: verUSD with Verona's Anthony Anzalone

Crypto Coin Show · 2026-10-30 · 34 min

0:00--:--

Key moments - from our scoring

Substance score

36 / 100

Five dimensions, 20 points each

Insight Density7 / 20
Originality8 / 20
Guest Caliber9 / 20
Specificity & Evidence7 / 20
Conversational Craft5 / 20

Verona's pivot from data verification network to stablecoin issuer reflects a fundamental shift in how AI agents will transact. Anthony Anzalone argues that traditional stablecoins like USDC and USDT, which extract value through fees and spreads, will become "last mile" settlement tools while individual companies and networks launch yield-bearing stablecoins optimized for their ecosystems. VerUSD launched with $60 million in committed revenue and $40 million in institutional capital, facilitating payouts across Verona's partnerships with major companies. The stablecoin infrastructure mimics early crypto's trust-free design - necessary because AI agents lack the social capital that makes humans reliable counterparties. Anzalone emphasizes that stablecoins will remain invisible to end users, with blockchain abstraction allowing people to simply tap a card or transfer to a bank account. He distinguishes between VerUSD's use case (payments and payouts) versus trading, where USDC and USDT will likely retain dominance through exchange listings. The broader thesis: just as Starbucks built a banking program through gift cards, companies will now gain yield on float through blockchain-native stablecoins, all while users remain unaware crypto is involved. Current AI agent adoption remains nascent - Anzalone estimates actual agent transactions are negligible - but infrastructure like X402 and MCP servers are enabling the plumbing for future scale.

Key takeaways

  • →Every company will eventually launch its own stablecoin to capture yield on customer float, similar to how Starbucks profits from gift card holdings, creating a fragmented stablecoin landscape rather than winner-take-all consolidation.
  • →VerUSD's $100 million in commitments funds $60 million in committed transaction revenue across Verona's Fortune 500 partnerships, with the stablecoin transparent to users who simply see dollars on their debit card.
  • →AI agents require trust-free payment infrastructure because they lack social capital, making blockchain-based stablecoins more suitable than traditional payment rails that assume counterparty reliability.
  • →Current AI agent stablecoin adoption remains minimal (5-10% of analyst predictions), as most people still use AI as search engines rather than autonomous agents, pushing meaningful infrastructure build-out to future years.
  • →USDC and USDT will function as last-mile settlement layers while specialized stablecoins dominate application-specific transactions, with users swapping between coins sub-second without knowing it happened.

About Crypto Coin Show

Hosted by Crypto Coin Show. The show scores 60.0/100 on substance across its analysed episodes. See the full show profile.

Guests

Anthony Anzalone

Topics in this episode

AI agentsStablecoinsMCP serversUSDCUSDTInterviewcrypto coin showVeronaVerUSDX402Data verificationBlockchain abstraction

Questions this episode answers

Why did Verona launch VerUSD instead of continuing to use USDC?

Verona needed customization that USDC didn't allow - specifically the ability to offer yield to projects and control payout mechanics. After being USDC's first native gas token, the team realized they had to play by Coinbase's rules, so launching their own stablecoin gave them full control over features and economics.

What prevents VerUSD from needing exchange listings when USDC and USDT have all the liquidity?

VerUSD is optimized for payments and payouts within Verona's ecosystem, not for trading. USDC and USDT will remain the last-mile settlement tools for on-ramps and off-ramps, but specialized stablecoins handle the bulk of application transactions, swapping to major coins only at the final second if needed.

How do AI agents decide which stablecoin to use for transactions?

AI agents will likely choose based on acceptance and efficiency - if a merchant accepts VerUSD natively, the agent uses it; if not, it swaps to accepted coins at the point of sale. The choice is primarily determined by where the transaction is happening, not by the agent's preference.

Are people supposed to hold VerUSD as an investment or store of value?

No - Anzalone explicitly says he tells people not to hold VerUSD. The goal is for stablecoins to be invisible infrastructure for transactions; users should only see dollars in their bank account or on their debit card, with no awareness of the underlying crypto layer.

Why will companies like Starbucks and Walmart create their own stablecoins?

They can capture yield on customer float (money held in stored value cards or accounts), just as Starbucks earned interest on gift card balances for years. A blockchain-native stablecoin lets them do this globally, 24/7, without intermediaries, on money that previously sat dormant in traditional systems.

What our scoring noted

Our reviewer’s read on each dimension, with quotes from the episode.

Insight Density

7 / 20

There are occasional substantive points - the 'last mile' stablecoin swap concept, yield-bearing corporate stablecoins as a Starbucks banking analogy, and the honest admission that AI agent payments are nowhere near hype levels - but these are buried under large stretches of repetitive filler, tangents on China AI and open-source models, and vague future-casting. Novel insight per minute is low.

What are agents transacting on right now? Probably absolutely nothing. Like the infra isn't there yet.
Starbucks made a lot of their money based off of their kind of Starbucks, the kind of the subtle banking program that they had where they took the money that was in the Starbucks card put that into a bank-earned interest on that

Originality

8 / 20

The 'every company will launch a stablecoin' thesis is framed with a reasonably novel non-competitive framing (Starbucks vs Netflix don't compete), and the self-description as an 'anti-AI AI play' using verification against AI slop is a genuine counterintuitive angle. However, most other content - AI agents need crypto, stable coins abstract away rails, invisible crypto - recycles well-worn crypto talking points.

we're kind of like an anti AI, AI play, right where, you know, a lot of what we do is sell this, you know, verification
Starbucks wouldn't really be competing with Netflix's stable coin because Starbucks's success isn't Netflix's downfall

Guest Caliber

9 / 20

Anzalone is a genuine practitioner - a founder who has shipped real infrastructure (first chain to use USDC as gas), claims signed Fortune 500 contracts, and visited China to assess AI firsthand. However, many claims are unverifiable in the transcript, the project appears small-scale, and he frequently lapses into promotional mode rather than deep operational insight.

we have about $60 million in committed revenue that these payments are going towards, another $40 million in institutional capital
we were the first chain to launch USDC as a native gas token

Specificity & Evidence

7 / 20

A handful of concrete numbers are cited ($60M committed revenue, $40M institutional capital, $100M total launch commitments, AI agent payments at 5-10% of predictions), but none are sourced, contextualised, or challenged. Named company 'partnerships' (Starbucks, Uber) remain vague and unconfirmed within the transcript, and most technical claims lack any supporting detail.

we have about $60 million in committed revenue that there's another $40 million in institutional capital
AI agent stablecoin payments increasing. were like actually five to 10% of the numbers that they thought they were going to be

Conversational Craft

5 / 20

The host is consistently agreeable - responding to almost every answer with 'definitely,' 'yeah for sure,' or a restatement of what the guest just said - and never challenges a single claim, including unverified revenue figures and unnamed Fortune 500 contracts. The conversation repeatedly drifts off-topic (China AI race, open-source models, airline miles) with no redirecting follow-up discipline.

Definitely. And I'd love to dive into that more
Yeah, for sure. Well, I think that it's important that you and the team are working and have partnerships with major companies

Conversation analysis

Computed from the transcript - who did the talking, and the words that came up most.

Most-used words

agents27stable25crypto22coin18usdc16starbucks15stablecoin13usdt13coins11back10verona9last9completely9easier9models9data8

Episode notes

Watch the full video interview: Verona, the network formerly known as XION, launched verUSD: a dollar stablecoin built for AI agents, with more than $100 million in launch commitments. On his fourth time on Crypto Coin Show, founder and CEO Anthony Anzalone explains why a network built to verify data decided to create its own money, after being the first chain to use USDC as gas. Anthony covers why every company should have its own stablecoin after the GENIUS Act, why he tells people not to hold verUSD, how USDC and USDT become the "last mile", why AI agent payments came in at a fraction of the predictions ("probably absolutely nothing" yet), whether AI is the next crypto bubble, the US-China AI race, proof of reserves for new stablecoins, Verona's post-quantum upgrade, and booking his own flights with an AI agent. Not financial advice. Verona: ️ Verona on X: ️ Anthony Anzalone (Burnt Banksy) on X: Chapters: 0:00 What are AI agents actually buying?

Full transcript

34 min

Transcribed and scored by The B2B Podcast Index.

We have about $ 60 million in committed revenue that there's another $ 40 million in institutional capital, right? There's going to be a Starbucks stablecoin. There's going to be a Walmart, a Toys R Us stablecoin. Why wouldn't there be?

What are agents transacting on right now? Probably absolutely nothing. I'm Ashton Addison from the Crypto Coin Show. And today we have back with us for the fourth time, Anthony Anzalone, founder and CEO of Verona, the network formerly known as Zion.

Since we last spoke in June, Verona launched VerUSD, a dollar stablecoin built for AI agents with more than $ 100 million in launch commitments. We're going to talk about why a network that verifies data decide to create its own money, how AI agents actually pay with it, and what that $ 100 million really means, and much more. Anthony, welcome back to the show. I cannot believe this is the fourth time.

That is... insane to hear. Yeah and zion has evolved verona growing ai is taking over crypto and stable coins are becoming more important than ever and now this announcement i think all the pieces are falling together. Yeah i think so too i mean it really is crazy just like i feel like comparing all these interviews and seeing the the ride for both of us is actually awesome i know we just said before this.

Yeah it's been it's been exciting and the industry is not stopping Although it may be growing in ways we didn't expect. And we are seeing a lot with AI agents. And I think that picture is still being figured out on how exactly crypto adds value with AI and how we combine those synergies. And that AI isn't just that little pigeonhole.

How can we use AI and AI agents to bring crypto and stable coins and payments to the mainstream? And there's definitely something there. And I think your team is doing a part in figuring this out. For sure.

I mean, you know, as you mentioned, we launched a stablecoin and it was one of these things where, you know, we launched a stablecoin and we'd been operating with stablecoins. Actually, it's so funny. Probably the first time that we ever spoke, we had launched, we were the first chain to launch USDC as a native gas token. And so it actually probably is extremely full circle now that we're getting off of USDC and onto our own.

And the logic there was, you know, we were operating with USDC for so long, but we were not able to get like, you know, we had to play by their rules, right? And so we ended up launching this because we couldn't have the customization that they allowed us. You know, we couldn't give the projects a yield. We couldn't do things like that.

And so it's remarkably full circle, which is pretty cool. Definitely. And I'd love to dive into that more because as a frequent user of stablecoins, I feel like I should have more options and things that I resonate with more. And often people fall back to, USDC, USDT, whether it's because of liquidity access, the person on the other end of the transactions, like I only know this.

But of course, there are many other benefits to be had with something like their USD and these other algorithmic or decentralized and other types of stable coins beyond just those two mainstream assets. Yeah. I mean, and I think, you know what it is, it's you had the genius act, right, which really changed a lot in the way of the stable coin, right? And so this conversation is actually probably completely different years ago, even maybe a year ago than it is today.

And I think that for a while, I really thought it was going to be a winner-take-all. You really were like, when the crypto markets were down bad, which happens every so often, it was USDT or USDC. And I think that got perpetuated by the Terra implosion of you know, and where people just kind of had like, it was at that moment where I think we saw a complete lock, lack of trust from a decentralized stable coin. I think after Terra, it was a very clear USDC, USDT.

And then the genius that came along and effectively said, actually, everyone can do this. And then people came to realize it's like, well, I haven't gotten anything from USDC. They've been making millions of dollars profiting off of the you know, the volatility of the industry. And I'm kind of on a piece of that.

So then, yeah, we could talk predictions, things like that. But I think it's like everyone should have their own stablecoin at the end of the day because it just makes sense. Yeah, I'd love to dive into that more. Maybe you can talk about the fact of stablecoin payments increasing in AI and AI agents.

And, you know, earlier in 2026, near the beginning, a lot of VCs and thought leaders were saying, crypto and stable coins are meant for ai agents and this is supposed to be the way the transaction transacting not with fiat in fact stable coins weren't meant for humans. Yeah i mean you know what it is i think a lot of what like a lot of early crypto tends to lean towards ai um you know and a lot of this is because crypto was originally meant to solve the byzantine general problem right which is You effectively can't trust what's on the other side of the computer.

I think the issue that we saw with people is that there's an aspect of social capital. This is my fourth time on the show. If I lied to you or was disingenuous on the other three times, you probably wouldn't have invited me back. And there's that element of that social capital whereby an AI agent, you really don't have that element of social capital.

And so I think a lot of what we were building for in early crypto then transcends into AI because it just makes more sense, right? And like, when you look at stable coins, the real value of that is to be able to transact across the internet without any borders or anything like that, which then now just makes sense where rather than trying to pay these visa fees and having an American bank account, all of the logic that transferred from early, early crypto then just transfers over to AI agents pretty seamlessly.

Plus, you don't need to build a front end. It's actually a lot easier. You just expose an API endpoint. It's so much simpler.

Can you talk about that adoption curve? And is it still the humans deciding we should switch from USDC to their USD? Or you have to do convincing to the AI agents? How do they choose what's the best stablecoin for the action they're taking?

That is a great question. I mean, I think that. It'll probably be based on situations, right? Like, it'll be who accepts USDT, USDT, right?

Like, if I'm trying to buy, you know, if I'm trying to buy something from Amazon, there's a much higher likelihood that in the future they're going to adopt USDC, USDT over Verona USD. Like, let's just call it what it is, right? Like we're not, we're not really, we're not going to try to compete against that. You know, but if, you know, for us, it makes sense because if you're operating, you know, we do all the payouts for our flagship product in VeriUSD.

And so it's like being able to start with VeriUSD and then kind of navigate the internet, like, cool, that makes sense, right? Because it's, it's there. But I think that it's probably going to be an accepting term, right? Like who, like Amazon accepts USDC, it's going to be like Visa MasterCard, right?

Like who accepts what? And I think that at the top, but then I think that each of these, each of these like projects, you know, if you have money operating through your system, think Starbucks, right? Like Starbucks made a lot of their money based off of their kind of Starbucks, the kind of the subtle banking program that they had where they took The money that was in the Starbucks card put that into a bank-earned interest on that, right? I think what happens now is Starbucks has their own yield-bearing stablecoin.

And rather than doing anything, it's still going to be completely invisible, but you're able to get yield off of something that exists on the internet that you previously wouldn't have before. And I think that's the subtle switch. Definitely. Maybe you can dive into that more.

And the reason that AI agents or people would be incentivized to hold their USD and what exactly that means at this stage? I actually tell people not to. Like, I mean, the idea is like, you know, we don't really need people to be holding the stable coin. I don't really want people to be holding the stable coin, but I do want to be able to, you know, great salesman, you know, but I do want to be able to, you know, because at the end of the day, like we have about $ 60 million in committed revenue that these payments are going towards, another $ 40 million in institutional capital, right?

And like, a lot of these, it's like, the idea is like, let's get the revenue up, right? Let's get these transactions happening so that people don't actually even know that they're having this. And like, I mean, again, kind of, you go back to probably the first of the four of our podcasts together. My whole thing is that crypto needs to be invisible and same with stable coins.

It needs to be completely invisible. So we want to be what's kind of transacting on the bottom line. And at the end of the day, you should just see dollars. Definitely.

And, We spoke in the third interview about those partnerships with the major companies like Uber and Starbucks and things like that. Does that help having these relationships built over the years in the adoption of VeriUSD quickly? In a way, I mean, you know, it's not like we're really sitting here and saying, Starbucks, you should be the VeriUSD holder. Like, it's not our main priority business to get it accepted everywhere.

But all the pay, again, like the payouts that we're doing for the Starbucks missions will be, will be facilitated by very USD. And so it's like the partnerships definitely help with all these companies. And the fact that we have signed contracts with all these companies definitely help us get more signed contracts with other fortune 500 companies. You know, and then at the end of the day, it's just a piece of the puzzle, right?

Like it's using a certain signature schema. At the end of the day, it doesn't matter, you know, so long as the user can just get a debit card right to their phone and, or transfer to their bank account, that's all that really matters for us. Definitely, and going back to what you said in the very beginning of all of our interviews, it's abstracting away the blockchain, the crypto, the payments. We just want to be able to tap the card or just hit go on the web browser.

And it doesn't matter if it's in fiat or crypto. What matters is fast, cheap, reliable. We want all those benefits and to be able to process it you know, at nighttime or on the weekend. Yeah, exactly.

Right. And then I think that's one of the, another beautiful point is that it's 24 seven, right? Like, um, you know, you don't have to do an ACH wire. That'll take three to five business days.

Um, you know, everything happens instantaneously. Don't need an American bank account. You can be transacting with someone in Nigeria, um, and it doesn't even matter. Right.

When you create a new stable coin and you mentioned every company should have their own stable coin. Do those just get interchanged one for one for major coins or into fiat? Because the blocker over the years has been the fact that USDC and USDT, and even USDT is being removed now, but USDC is listed on all of these major exchanges. And if I want to create a stable coin and go the traditional route, I need to compete.

And if my coin has no liquidity with Bitcoin, then why would anybody list it? Let's just continue to use USDC. So how does that work with their USDC? I mean, again, it depends on what the use case is.

The main use case of VeriUSD is to do payouts and to do instantaneous transactions, not necessarily to trade, right? And I think that this goes back to the same question of Amazon, right? And having acceptance and things like that. I think that there's always going to be these two guys where it's just like, buy this for me.

And then you have this kind of like, sub second swap or like this block swap of like someone, some random stable coin to UST to then buy Bitcoin. Right. But that's kind of like, I think a lot of these things, I think a lot of USDC and USDT will trend towards a last mile. Um, right.

Which is like that last step, which is, you know, maybe you could do everything to get up to this point. every integration, everything up to get to that point. But once you do the on-ramp, the off-ramp, the purchasing, the selling, then that's where you get to the USDT very momentarily, maybe sub-second, and then get whatever item you need. Because they already, to your point, have these integrations.

But the question is, it's like, are you going to pay 3% or are you just going to swap it at the very last second? And the answer is, you're probably going to swap it at the very last second. Definitely. Um, and 3% can be a lot when you are Starbucks or these major companies.

And in fact, with most traditional businesses, that could be your entire margin. Totally. Totally. And it's like, why are you just giving it away for free?

Now that the government says, then the government literally says you don't have to. Right. And when you look at these traditional processing companies, like, like these in MasterCard, what's, what's stopping them from creating a, you know, a very USD competitor. I know they're working on these things, but I mean, How does that play out as the industry evolves?

I think they probably will. I think there's probably going to be, again, like there's going to be a Starbucks stable coin. There's going to be a Walmart, a Toys R Us stable coin because it's, why wouldn't there be, right? Like if you can have your own capital where you're gaining capital on that, why would you not do that, right?

And then I think that's where, you know, Visa, MasterCard would do that, like welcome that. It doesn't really eat at our lunch too much because- our lunch predominantly comes from the things that we kill, right? Like it would be, think about it like, you know, Starbucks wouldn't really be competing with Netflix's stable coin because Starbucks's success isn't Netflix's downfall, right? Like it's not one or the other, whereby USDT competes with USDT because they serve that same business line.

Like if there was a Dunkin' Donuts stable coin that might compete with a Starbucks stable coin, but only by the nature of Starbucks and Dunkin' competing. Yeah, no, that makes sense. And I mentioned at the beginning about the thought leaders at the beginning of the year seeing AI agents by default and negatively using stablecoins. But they actually re-commented on that recently in the last quarter.

And they said, well, you know, we actually really haven't seen that play out. And maybe we're just thinking things too fast. Of course, AI is moving fast, but they're showing X402 and AI agent stablecoin payments increasing. were like actually five to 10% of the numbers that they thought they were going to be.

For sure. What do you think about that? That's every, you know, that's AI though, right? Like, you know, I think that when you see, when you see these predictions and it's always just like, well, we're actually all going to die next year.

So we got an IPO right now. No, I mean, you know, it's the same thing that crypto has always fallen into, which is like, there's often just not a need for this stuff. Like, what are agents transacting on right now? Probably absolutely nothing.

Like the infra isn't there yet. And I think it will be sure, but I think you get this with every technological bubble is like you get promise, promise, promise under deliver, under deliver, under deliver. Right. And it's just like, unless you could actually show me, Hey, these things are happening.

Like people aren't going on their quad and saying, here's $ 40, buy me the best shoe. Um, it's just not, It's just not what's happening yet, right? Like maybe it'll happen. Do you think it'll happen next year?

Probably not. Like you look at the regular people who are like regular people are not really using AI all that much. And if they are, they're using it as a glorified search engine. Right.

And so. Yeah. I feel like we maybe are deeper users than most. We think that everyone is alike in that they're on cloud and open AI 24 seven.

Yeah, agents everywhere, yeah. But no, most of them are using it as a Google search alternative. But the tides are turning and making it easier. I think earlier in the beginning of the year, even as a deep user, I would be like, well, everyone's talking about AI agents, but I'm not really using AI agents.

Even though I use AI, I. Still feel like there's some technical barriers there that I don't want to set up an open claw or Hermes myself. I'm just using open AI, but I don't really know I don't really have these agents. I still have to do it all myself.

Yeah. But that's just a great example too, because now you look at like Muse just came out, right? You have Muse and you have Dots, right? And like the, what was the frontier six months ago is now the consumer, right?

And I think that that's really cool because I think that means that like, what was the consumer, right? Like you have the technological adoption curve where what was the consumer will hopefully be the mainstream zeitgeist, right? Like you have the laggards and the early adopters being pushed. Um, you know, and then maybe we get there, right.

But like, that is such a great example where like the Hermes and, you know, everyone was getting their, their fricking, um, uh, the Mac minis to run their own agents. Right. And now you don't need to do that anymore. Right.

You just use, you could do it dots. Like, you know, you moved so quickly through that, um, where, you know, where by now it's, I don't know what the next one's going to be, but I'm excited to see it. Right. Um, And I think that that's very similar to, you know, thinking of yourself as a power user where every six months, everything that was frontier now becomes mainstream.

Yeah, we've definitely seen advancements. And, you know, this cute little muse guy pops up on my Instagram and I'm like, okay, I think AI is now getting deeper into the hands of these non-tech users that they don't want to download Claude and open AI. Or maybe they do, but they're using it as a Google search. But this opens their eyes now.

especially if you can get a prompt, hey, how can I help grow my social following? How can I start making more revenue out of this? Because everyone's looking for other ways to drive revenue now that your jobs are unstable. Who knows what's going on with the economy?

AI is flipping industries every day. Left and right, dude. Yeah. And with that, Zion and Verona has been evolving over the years too, looking at frontier things, but then the industry changes.

How have you guys. felt keeping up and and pivoting and evolving in in such a fast pace over the years that we've been on with four times you guys have continued to evolve and and change. You know i don't think you know it's funny that i don't know i mean i guess we're building for ai now right like that's probably the answer is and you see what the future looks like and you see where the needs are and you know as i said like if we were to build for a crypto user audience like we're a startup at the end of the day.

We can't be building for right now. We have to be building for where the puck is going. You know, and we unfortunately see that to be AI agents. You know, and then I think doing a lot of the, you know, a lot of what we do is verification work, right?

So, you know, very similarly to how Ethereum did original, you know, programmable ownership, right? If you own something, you know, something can happen. This is, you know, what we do is if something arbitrary internet data is true, then we could do something with that, right? So, But that wouldn't have really been possible without the proliferation of AI because it wasn't as big as a problem as it was two years ago.

The internet wasn't completely slop yet. Yeah, for sure. And over the years in crypto, the narratives have shifted and companies pivot to that. But does this seem different?

And do we have concrete proof that AI and AI agents more specifically in this case, It's not something that we're going to be pivoting away from in two, three years when it's the next thing. Or is it just an evolution of that, but still a part of AI? I would say an evolution. Like I think, you know, you always have, it's always so funny where I always stay on the assumption that like things don't ever change, right?

Like maybe things get incrementally different. but really things don't really change. And I think the same thing can be said for AI. Listen, I lived through the crypto absolute bubble and it feels very similar, like remarkably similar in the sense of like, this is going to cure the world.

Everything's going to be fine. And like, it probably won't. Right. Like maybe things will get more efficient, you know, things like that.

But I don't really think that, you know, when you start talking about like, oh, everything is going to be different. Like it's not going to be that different. Like it really isn't. Well, ideally life gets easier and agents take over our work.

That would be nice. Right. And then it's just like, you know, it's just the way of the calculator. Right.

Like it doesn't mean we stopped doing math. It just meant the math that we did became more complicated. Definitely. When we spoke in June, the team was working on, you know, MCP servers and connecting the AI into Verona more directly.

What's the status on that and how efficiently AI agents can communicate on their own with the Verona ecosystem? Pretty, I mean, that's all done. Like, I think I'm pretty sure that we launched, you know, I'm pretty sure that we launched the X402. That'd be really funny.

But we've had X402 live for quite some time, as long as it's like a bunch of agentic stuff. and I think it's helped a lot on the projects working for us, but, you know, I think that, you know, our main focus really is like, you know, data verification, right. And then storing that data verification for reuse. Right.

So then it's, you know, and a lot of that is like, it's funny, like we're, we're kind of like an anti AI, AI play, right. Where, you know, a lot of what we do is sell this, you know, verification, things like that. You know, and like the product's doing incredibly, incredibly well, you know, now it's just kind of getting that next step, which is turning that into a full-fledged ecosystem. So, you know, the AI stuff came and went, right?

In a way where it was like really exciting to launch, but then once it did, it was like, cool, now we actually have to make the applications for this and we actually have to apply this. And, you know, yes, it did make life easier. Yeah. Are we able to do payouts a lot easier?

Yeah. But in the way that you just noticed me completely forget that we even did that, it's just like, wow, we've done so much stuff. Like, I totally forgot about that. Yeah, it's been incredible.

The company, you know, over the years, we've spoken and I've spoken with other companies and they build stuff. But now it's like the companies we spoke with in Q1 and even Q2, 2026, moving to Q4, it's like they've done two, three years of work just over the summer because of the advancements. Yeah, I mean, and it's like, you know, I was talking to a, It was just on a one-on-one right before this about like Jeb, you know, that AI model. And it's just, it's crazy how fast everything's happening.

And like, you know, I feel like if you're not up to date, you can like blink and just be completely behind. But I think it's fun to stay up to date with this stuff, right? Like it's cool to see what's launching, what people are building, where the frontier is. And like, you know, it's always awesome.

Like there's always such a fun feeling when you're right on the edge of that technical frontier. Yeah. Definitely. And the models are all competing in a sense with each other.

And then there's also the US-China AI race, if you can call it that. And then there's open source models as well. I had someone on recently talking about the AI China models. And he was saying Elon believes in 2027, AI models will surpass the US models, the big ones that we see.

Is there a target for different types of models that are used by different geographies and demographics of people or you just shotgun it? I mean, it's interesting because I think like in the concept of China, I think like I was just there a month ago, literally trying to figure this out firsthand, but it was like You know, I think a lot of the reason is like, you know, we banned American chipsets, so they've had to come a lot farther with a lot less. And they're now like completely surpassing us, not even with the chips.

They have significantly better energy infrastructure, you know, and quite honestly, probably it's just a better mentality as it relates to AI in general, right? Like there's not people protesting data centers. It's not the taboo. And like, listen, don't get me wrong.

I'm not saying, you know, I think that that that there's corruption in data centers completely and that, you know, I think there is a fairness to that aspect. But, you know, I think that there's an insane amount of misunderstanding as it relates to data centers as well that, you know, kind of prohibit growth in America, you know, especially as China has significantly more data capacity. But I think especially as China probably very quickly will catch up with chips, I think that, you know, there's no reason for them to not beat us.

Yeah, no, I agree. And I feel like it's getting easier to access. At least the perception of it is easier to access. And these open source models, you know, I've had open source AI innovators.

And again, as a deep user, I still feel like there's a barrier to entry. Nevermind those beginning users. It's like, you know, I just chat GPT as an app on my phone just seems so easy for me and safe. But I feel like these other models are going to break through.

And once, if you have any kind of, powerhouse development it seems like the cost is significantly less on china and or open source models. Yeah i mean right and that's just technical innovation though right it's um you know it's um innovation will always you know innovation always come in the places where you with necessity right what is it in necessity is the mother of all innovation You know, and I think that you see it as a political movement, right? And I think it's very obvious, you know, with the word superintelligence or whatever the hell you want to call it.

But it's like, you know, it's becoming a political issue. And I think that it's becoming, you know, when NVIDIA was like 2% of the GDP as well. So it's like, it's an economic, it's a political issue. And, you know, it stemmed farther than a technical issue.

And I think that that's what crypto was originally, right? Like, and then, you know, fucking FTX happened. But if you remember, Sam was very, very much doing, you know, and I think Brian from Coinbase is doing something very similar right now, which is, you know, doing the lobbying, doing the government work. But, you know, once you get out of it being just a pure tech movement and getting into political and something bigger than that, it's honestly a recipe for disaster.

But it should be fun to watch everything blow up. Definitely. Yeah. It gets political and it's no fun if you're in another country watching.

Maybe it's comedy. But it definitely puts hurdles on it. I think one of the hurdles that had to be jumped through was the proof of reserves on USDC and USDT. And there was always a question around the reserves.

How does that work with everyone creating their own stable coin and their USD? Do they need a reserve and a proof of reserve? Well, we're going to do proof of reserves. I mean, we're talking with a partner on this right now, actually, which will be, you know, because I mean, it's the same thing as like auditing, right?

Like, you know, essentially you want to run the audits and you want to be able to do that and be able to prove without exposing. And I think zero-knowledge proofs are going to be a very big use case for this. But I think it'll be, you know, it'll be... It'll be.

It'll be interesting because for a lot of companies, they don't have to tell you how much cash they have on their hand, right? Like, you know, and I think that there probably will be a lot of fraud. I couldn't imagine there's not going to be a lot of fraud, but, like, people... starting, you know, their own stablecoin, just bugging the hell out of it.

But I think that there's also going to be public dashboards, right? Like, the thing about Chain is it's really hard to lie on Chain. And if you're in a position where people can lie on Chain, you shouldn't trust that. Like, that would be kind of insane.

Maybe don't put your money there, right? So you'll probably see early... You'll probably see a lot of early things as it relates to this, where it's, like, very similar to... we've had this before with like, you know, if you remember like the magic internet monies of the world and like the towers of the world, like people are kind of in their lessons.

We've had stable coins rise and fall crazy amounts. Yeah, it's been a wild ride and it'll be interesting to see how AI and AI agents changes that. And what are you most looking forward to with the launch of their USD and having these major partners and having the $ 100 million committed? Now the real work begins.

Now the real work begins. I mean, it's just another tool in the arsenal, I think, is kind of how we look at this. We were the first project ever to use stablecoins as gas fees, and we're going to be the first one to probably use our own stablecoins as gas fees, right? Mm-hmm.

You know, and I think we've always kind of been a project that's been at the forefront of innovation, not to toot my own horn here, but, you know, just check out the other Ashton Addison shows, you could see that. But, you know, I mean, and I think we just, we're always going to be here adapting with the times. Yeah, probably by the time that this sketch release, we'll be launching, we're doing a post-quantum upgrade, you know, effectively to ensure that the blockchain is quantum resistant, right?

And so, you know, that's obviously something huge, but it's Again, it's just another tool in the arsenal. We have amazing revenue. We have amazing brands that we're working with, amazing companies that we're working with. And at the end of the day, you're going to be like, oh, do you remember that stablecoin?

And be like, oh, my God, I totally forgot about that on the Crypto Coin Show episode 7. You know what I mean? Yeah, for sure. Well, I think that it's important that you and the team are working and have partnerships with major companies that are things that crypto and developers don't even think about.

You know, everyday coffee drinkers, drivers, commuters, you know, just shoppers, things like that is how we're going to get crypto adopted. And again, it's going to be in the back end. They're not even going to know that they're using it or that their AI agent is using it. They're just going to use whatever is best and whatever is fastest and cheapest.

And that's what the crypto and these stable coins will be. Yeah. You know, it was funny. I was thinking about this today, actually.

I suck at like the frequent milers thing. Like I'm so bad at it. Anytime I fly and I fly way too much for this shit. Um, but like every time I'm like, I really should at some point just get my miles done.

And I go to, I literally go to my, my AI agent and I'm just like, um, this is today. And I'm just like, Hey, like just check my email, see all the flights that I've taken and try to get the mileage is done. And like maybe a year ago that wouldn't have worked, but today completely worked like a charm and I didn't have to do anything. And, I now have an American Airlines thing with the miles already added from the flights that I took like three to six months ago.

And it's just like, okay, now we're starting to get it, right? Which is like, it's fine to use this thing as a glorified search engine, but the capacity hasn't really been there yet to understand that, oh, you actually can buy shoes with this thing or something like that. You know, and I think that we'll slowly get there, but it's not going to be a huge change in things. It's just going to be like, things have gotten easier.

And like, that's really like, the friction of life kind of gets removed. Yeah. I would love to see the next stage of that. And I, it does have great benefits like that.

If you, once you start thinking about your life and then you, you actually ask it to do stuff, it manages to figure it out. But we're still not at the point where I can, maybe by the time next show hits in the next quarter, I can be like, buy that ticket for me here's a zk version of my passport so don't leak this into any centralized databases but and we have the ticket yeah and and if i and then i can message you back the next week and be like can you just upgrade it or change the seat and talk to the agents on my behalf without me having to call them because that's no one likes waiting.

On hold that's the last thing i hate waiting on hold. So but we're not at that point yet where we can just and then ideally you know you have your own stable coin that makes it faster and cheaper and pays for the flight and maybe the last mile switches to whatever currency the airline prefers. But ideally, these agents make these purchases on our behalf and extrapolate away all the work. Yeah, and there's money to be made in the middle of that, right?

And I think that's kind of my logic on the last mile thing. Love to see it. Well, I think this is a big step forward. I'm looking forward to seeing how it plays out with the stablecoin.

I'm going to definitely look more into it. And I got to get deeper myself into AI agents. and figure out how I can be there on day one when they can pay for my flight in VeriUSD or any of these other. We're close.

We're actually very, very close. I have an AI agent that I literally booked the flights with on my way back from Singapore. We're right there. Awesome.

What's the best way to follow along with these advancements in VeriUSD and Verona? Yeah, I mean, Verona, check us out on Twitter. That's where I live. Burnt Banksy is my personal Twitter.

And if you got the news, just read that and you'll see us there. Sounds great, Anthony. Thanks for the updates. All the best on making AI agents and AI and stable coins the go-to payment, making it easier for us, less work.

Maybe we can do the next interview from the beach while our AI agents do all the work for us. I would love that. That would be incredible. Amazing.

Awesome, man. I'll leave all those links in the show notes below and would love to follow up again in the near future. Beautiful. Can't wait to see you again, Ashton.

Thanks.

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