Guy Wuollet, a partner at a16z crypto, stated on Fortune's Crypto Playbook program that the crypto industry is maturing and currently in its "shirt age"—not yet fully formalized, but already past its early stages. He pointed out that the dominant trend in the current crypto industry is Wall Street's rapid adoption of blockchain, with traditional financial giants like BlackRock and Fidelity not only offering Bitcoin ETFs but also embracing blockchain technology in stablecoins and tokenized stocks. Wuollet also noted that the integration of blockchain and AI is laying the foundation for on-chain proxy commerce. He stated that a large number of talents from the consumer AI field are entering the crypto industry because they believe the first proxy payments will occur on-chain, and Stripe also discussed proxy payments in its annual letter. Regarding the potential fragmentation caused by different payment standards, Wuollet believes that AI models excel at understanding different systems, so this is unlikely to slow down adoption.
Catherine
