settlement layer is a blockchain where is Ethereum or tempo for payments or or or another side chains then you need to ask yourself actually what what type of value you're creating given that you get this settlement layer almost for free and you know liquidity provision compliance market matching and uh the creation of new primitives it is in my opinion going to be the battlefield. So we will see more markets actually be ready to come direct uh uh with issuance that doesn't depend on the legacy rails
settlement layer is a blockchain where is Ethereum or tempo for payments or or or another side chains then you need to ask yourself actually what what type of value you're creating given that you get this settlement layer almost for free and you know liquidity provision compliance market matching and uh the creation of new primitives it is in my opinion going to be the battlefield.