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The Diversity of Borrowers
Gendy: We are definitely bringing on net new people into this space and that's one of the things I think I'm most proud about doing. So we do have to you know onboard these borrowers into crypto which means getting them set up with metamask accounts or no-sus multisigs. They will draw down USDC so everything is done in USDC on the protocol they draw down the USDC as their loan into their address and they send it to whatever off-ramp that they use let's say us sayCoinbase. Then from Coinbase they withdraw the capital to their local bank account in whatever country they are, then now they have the money in their local