Nick van Eck, CEO of Agora, aims to create a community-first digital dollar, while Bhau Kotecha, Co-founder of Paxos Labs, focuses on scalable institutional solutions. The guests debate the implications of the USDH ticker for Hyperliquid—pointing out differences between 100% and 95% revenue back to users. Topics include liquidity dynamics, validator roles, and the transformative potential of a single ticker on onchain markets. Their heated discussion reveals what could shape the future of stablecoins in the evolving crypto landscape.