The speaker expects stock tokens and similar products to become the default means for people in countries with less-developed financial systems to access US equities, analogous to stablecoins for dollar access.

“Anyone with a smartphone and a non-custodial wallet can now get exposure to US markets at incredibly low cost. So in the same way that I think stablecoin became the default way for people in these countries to get access to dollars, stock tokens and products like that will be the default way to get access to US equities, um, for, for, for all of these people.”