Market Cap w/ John Cho from Ratio

🎥 Watch the video version: https://www.youtube.com/watch?v=zmkC-iEI72k On this Market Cap episode, our Director of Institutional Services Stefano Sanabria speaks with John Cho, CEO at Ratio and Chief Stablecoin Officer at Kaia Foundation. Ratio is an onchain foreign exchange orchestration layer for Asia, providing a unified infrastructure that helps financial institutions, payment platforms, and wallets move value across borders through stablecoins. On Market Cap we feature firms and funds to explore the thinking that guides them, the patterns they observe, and other forces moving the markets. Chapters0:00 Why Money20/20 Feels Nothing Like Token20494:12 Hundreds of Millions LINE and Kakao Users8:46 Finding Real Consumer Problems and Solutions13:27 Asian Tigers 2.0 And Intra-Asian Trade18:42 Asia’s Stablecoin Race For Real-World Edge22:50 Migrant Workers Haircut By Remittance Fees29:15 Cost Compression To Financial Democratization32:42 Rebuilding Trillion-Dollar FX Markets Onchain44:02 Why Consumer Crypto Stopped Making Sense48:05 The Endgame: No More On And Off Ramps