USDC will be KYC'd within two years; crypto splits into two worlds
Akash Weekly - August 10th 2022 (Akash Network)
“I also think USDC will be KYC’d within the next two years. I think we’re going to see two clear paths in crypto: one, the KYC’d, heavily regulated side of things and a whole ecosystem on top of that… and then you have this super private, super anonymized crypto world that’s going to remain on this side. I think there’s going to be two cryptos in the next year to two — it’s my take.” — 00:47:23
Context: Extension of the privacy-tech bet; he also expects decentralized identity to cluster with the regulated side, and ZK proofs to enable a “Tornado Cash done better.”