Crypto is so global it's borderless, says Pantera Capital's Ryan Barney

Company Performance & Market Debut - Figure Technologies' stock is up approximately 34% from its initial offering price [1] - Figure has originated over $16 billion in loans on the blockchain [2] - Figure has processed over $55 billion in on-chain transactions [2] Blockchain & Efficiency - Figure utilizes blockchain technology to provide faster, more efficient, and potentially cheaper access to home equity compared to traditional banks, reducing the process from approximately 30 days to 5 days [4] - Blockchain technology reduces intermediaries, fostering trust through direct computer interactions [5][6] - By verticalizing the stack on the blockchain, Figure streamlines loan origination and funding [6] Stablecoins & Crypto Ecosystem - Stablecoins gained prominence, demonstrating real-world use cases for the crypto space [9] - Approximately 96% of stablecoins in circulation are backed one-to-one by US dollars or treasuries [10] - Crypto facilitates approximately 10% of remittances between the US and Mexico due to its speed compared to traditional intermediaries [16] Future Vision & Capital Markets - The company aims to bring efficiencies to the existing capital market ecosystem [15] - The company envisions a global, borderless financial service system facilitated by crypto [15]