The following transcript was created using artificial intelligence. There will be some grammatical errors below. 

00:01:05:15 – 00:01:16:05

Richard Carthon: Hello everyone. Welcome to another episode of Crypto Current, your host here, Richard Carthon, and today I got a very special guest all the way up in Seattle. We have Kory Hoang with Stably. How are you doing today?

00:01:16:28 – 00:01:19:28

Kory Hoang: Doing great. Thanks for having me on the show.

00:01:20:00 – 00:01:26:00

Richard Carthon: Of course. Well, looking forward to diving in and learning a lot about what you got going on with Stably, but before we do, how about you give us a little bit of background on yourself.

00:01:27:13 – 00:02:21:19

Kory Hoang: Yeah, thank you. So, my name is Kory, I’m the CEO of Stably. Stably is a Seattle based fintech startup. We got seed funding back in April of 2018 to create a U.S. dollar peg stable coin, and a stable coin for those who don’t know what it is, is essentially a cryptocurrency whose value is pegged to something that people view as quote on quote stable, like a fiat currency or gold, for example. And so we create a U.S. dollar back stable coin called USDS, we release it at the end of 2018, within two months we listed it on Binance, Bittrex, a lot of the major exchanges. We close another million dollar round of funding in 2019 as well. You know, we kind of grew the team from there.

00:02:21:21 – 00:02:23:27

Richard Carthon: Congrats on that, that’s a big deal.

00:02:23:29 – 00:03:11:18

Kory Hoang: Yeah definitely, thank you. We you know, got into tokenizing other different asset classes recently, instead of just fiat currency. Within fiat currencies, we’re tokenizing different type of currencies like recently we launched a Canadian stable coin with a Canadian exchange partner. Right now, we’re working on Vietnamese dong and Filipino peso, as well as Bahamian dollar peg stable coin. In addition to that, we’re working with a major gold dealer partner to create a gold back token and then subsequent to that, we will follow up with you know, silver and platinum and etc.

00:03:11:23 – 00:03:49:22

Kory Hoang: So you know, we’re you know, keeping our hands pretty busy tokenizing a bunch of different stuff and we’re not just doing it under our brand. We also, you know, work with our enterprise clients who are, you know, other businesses that have existing clients and networks or assets already and they’re looking to issue their own brand of digital money. So then we step in with our own technology and expertise and knowhow and we make it happen. And a couple of months for most projects, for some projects that are a little bit more tailor or like larger scale, might take like up to a whole year to build something and roll out.

00:03:49:25 – 00:03:50:14

Richard Carthon: Right.

00:03:51:07 – 00:04:27:14

Kory Hoang: The nature of these enterprise deals. So yeah. You know, we got into you know, basically tokenizing the asset tokenization business. Recently this year, we’ve closed another round of funding for another million dollars. In total so far, I think we closed almost three million dollar and we expanded it to Vietnam recently. We got a new office where we hire new developers and employees and thankfully we did it right when you know, Covid broke out, so I flew out with my team back in February to Vietnam.

00:04:27:16 – 00:04:28:03

Richard Carthon: Right

00:04:28:09 – 00:05:12:04

Kory Hoang: And Covid broke out, so I was stuck there for probably you know, almost five months. But you know, Vietnam did a really great job at containing Covid and eradicating it within the country, so life went on as normal after a few short weeks of you know, blockout. And yeah, there literally was no Covid. First people were still wearing mask after they came out of quarantine, but were locked down. But within a few weeks, you know, less and less people start wearing masks and you know, life got back to normal and everyone was like, “Okay cool, let’s start traveling places.” Well man, we went traveling everywhere in Vietnam. Meanwhile you know, the whole world was dealing with Covid and all that stuff.

00:05:12:06 – 00:05:36:17

Richard Carthon: Right. And pure lockdown. And real quick on that, so just to kind of go back just a little bit and thank you for expanding upon what Stably is and everything that y’all are working on a really, really, really exciting thing definitely on y’alls horizon. We’re going to dive deeper into that, but before we do you know, when was your first introduction into the cryptocurrency and blockchain space? Like when’d you first learned about it? And then you know, before creating Stably, like what made you decide to get involved in the space?

00:05:36:19 – 00:06:19:06

Kory Hoang: Sure, yeah. I first heard about Bitcoin back in 2013 when I was still a college student. And it was my buddy Andy, Andy Chemist, he was a fellow student in one of my classes and he taught me about crypto and Bitcoin. And to be honest at that point, it was about the same time I got into penny stocks. So you know, Bitcoin seemed like penny stocks to me. So, you know, I got a couple of hundred bucks, I started trading Bitcoin and It was like 2013 man. It was like nothing back then and I didn’t even understand what Bitcoin was back then, it was just something tradable you know.

00:06:19:10 – 00:06:19:25

Richard Carthon: Right.

00:06:19:27 – 00:06:55:03

Kory Hoang: I was just a college student speculator. But you know, initially it was good, like the first month I was actually doing really well with Bitcoin. And you know, I started learning more about it, but I never could, you know, get over the fact that you know, how could something that like a piece of digital money could be worth anything and how is it working? Like I couldn’t really indicate you know, where the value came from, I was just you know, my mind was, “This thing is just like penny stock, it goes up and goes down.” You just try and you make some money and you get out. And then you know, 2013, I didn’t get out soon enough.

00:06:55:05 – 00:07:07:01

Kory Hoang: 2013 was like one the first major crashes. Oh, I lost pretty much like 90 percent 80, 90 percent of my Bitcoin. It was only a few hundred bucks you know, but.

00:07:07:03 – 00:07:07:18

Richard Carthon: Right.

00:07:07:20 – 00:07:49:27

Kory Hoang: After that, I didn’t know, I lost interest in crypto or Bitcoin and then you know, I started getting into trading stocks, ETFs, and you know as an option features, derivatives you know, the traditional type of instruments. That was between 2014 and 2016. Okay, so for three years, I went on trading traditional instruments and I picked up algorithmic trading. I learned how to code in Python and easy language, which is a very powerful language used on a platform portray station, which allows you to do a lot of quantitative and algorithmic trading.

00:07:49:29 – 00:07:50:28

Richard Carthon: Right.

00:07:51:13 – 00:08:06:23

Kory Hoang: I built my own trading algorithm for stocks, ETFs, even VIX derivatives which is something I was trading a lot. I was making you know, north of 50 percent a year net of like all my trading fees and hedging costs.

00:08:06:25 – 00:08:15:07

Richard Carthon: For everyone listening, if you don’t understand trading, I just want to make that point very clear. That is amazing, that is incredible. So sorry, continue.

00:08:15:09 – 00:08:54:18

Kory Hoang: Thank you. I actually published a lot of this stuff back in, way back in the day. If you go search Google on Topian, Kory. K-o-r-y, you can find a lot of my old on topian topic posts going back from like 2016 or whatever. But you know, trading stocks and VIX derivatives and all kinds of stuff, so that was kind of like you know, what I was getting into way back in the day. And so, anyway I was trading this particular VIX derivatives strategy that was yielding 50 percent plus a year net of fees and hedging costs, but the thing is, I didn’t learn about hedging myself.

00:08:54:20 – 00:09:39:17

Kory Hoang: No, it was in 2016 I met my co-founder of Stably today, his name’s David. He was an engineer for Amazon back then that was still a data analyst for Pitch Book. But we met at a algorithmic trading meetup in Seattle and I was presenting my strategy you know, I was presenting a VIX trading strategy that was yielding you know, like 70 percent plus a year net of trading fees, but I wasn’t hedging, and so David you know, after the presentation came up to me and he pointed out, “Yo you know, your strategy has like a small chance of like blowing up because you’re not hedging and it might not happen, but if it does happen then you know, you get blown the hell out.

00:09:40:11 – 00:09:40:26

Richard Carthon: Yeah.

00:09:40:28 – 00:10:08:06

Kory Hoang: So I was like okay, so how do I hedge this? And he taught me how to hedge it. He taught me, “Hey, go buy out the money and put it into VIX, ETF and you’re good, you’ll be good.” And I was like, “Well shit, those options are not expensive at all,” it was basically insurance. So basically, my strategy was yielding like 70 percent plus I bought these put and made the return drop down to 50 percent plus, but then I’m completely a hundred percent hedge, like nothing could absolutely go wrong at this point.

00:10:08:09 – 00:10:11:17

Richard Carthon: Right, you couldn’t get crushed by it. And so you know.

00:10:11:19 – 00:11:15:23

Kory Hoang: Well, basically the theory of the strategy is you know, in the event that a nuke hits you know, a major U.S. city, this strategy either, it would break even or it would profit a lot. And because we were hedging it, there was no way in hell that it would, you know, lose money. And in the event that that doesn’t happen or like you know, that’s like the worst black swan event that could happen basically you know, and we were even like hedged for that. So anyway, we were doing that back in 2016. Then 2017 you know, I started noticing that the algorithms we use for VIX trading actually transfer really well over to crypto. Came to find out crypto had a lot of the same price behavior as VIX derivatives and what that behavior is is called trend persistence, meaning momentum, meaning if something is heading somewhere, it tends to like head toward that way.

00:11:15:25 – 00:11:46:23

Kory Hoang: And for those who don’t know you know, in quantitative trading there’s usually you know, only in terms of directional trading, there’s usually two types of strategy, there’s momentum and mean reversion. Whereas momentum is your trend following, you’re following the trend and you’re you know, trying to rye that trend out, whereas mean reversion is you know, you’re trying to buy when the trend is weak, waiting for it to mean revert to you know, the mean basically.

00:11:47:19 – 00:11:48:04

Richard Carthon: Yeah.

00:11:48:06 – 00:12:15:24

Kory Hoang: And so I noticed that both VIX derivatives and crypto have really high trend persistence ratings, like there were a lot of you know, quantitative indicators that we could use to identify this. So basically you know, VIX derivatives was here, crypto was here and I was like, “Oh shit, why aren’t we trading crypto again?” And then you know, David was like, “Well, we should.” And then you know, we started trading crypto again in 2017.

00:12:16:01 – 00:12:16:16

Richard Carthon: Yeah, not a bad time to be getting in either.

00:12:17:15 – 00:12:43:00

Kory Hoang: Oh man, that time, look I don’t know if it was our algorithm that did well, or if it was a bubble. Either way, we did really well. You know, I was you know, I was sitting at my day job, one screen crunching numbers for my work, the other screen, I was freaking like watching my algorithm just going ham you know, just up like 30 percent a day.

00:12:43:19 – 00:12:44:04

Richard Carthon: Yeah.

00:12:44:06 – 00:12:45:13

Kory Hoang: All my co-workers were like, “Man, what the hell is this guy doing?” No it was good, it was a good year.

00:12:45:15 – 00:13:09:15

Richard Carthon: So fast forward a little bit on that, right? So 17 things are starting to go well, you know, you start to make money in crypto, of course the bubble happens, at which point did y’all come together and say like, “Ok, I think where the enormity of this is trying to create a stable coin that can then help this area?” So how did you get to that transition?

00:13:09:25 – 00:13:31:13

Kory Hoang: Yeah, yeah absolutely. This one time, I read an article about Tether, back in 2017 about, you know, how about some of the potential issues that it had. And I read it on some forum post. And you know, this is 2017, so everything was like YouTube video, forum polls, reviews and shit like that, community forums,

00:13:32:08 – 00:13:32:23

Richard Carthon: Yeah

00:13:32:25 – 00:14:27:16

Kory Hoang: Telegram groups, that kind of thing. So I read up all I could about Tether and you know, I came to the conclusion that this thing is shady and you know, if I leave my money in it, I could potentially lose everything in one day, even though it seems stable right now. So Tether, for those who don’t know, is the first stable coin in the world, issued by an unregulated entity that you know, the stable coin is the largest in the world right now. It has over 90 percent of the market share, however, the entity remains unregulated. And you know, there’s been accusations that it has been engaging in some potentially fraudulent activity. So that’s the whole controversy you know, there’s an ongoing investigation by the New York attorney general, so we’ll see you know what happens. For the time being, Tether is still trading at a dollar, everybody’s still using Tether and there is still 90 you know, over 90 percent of the market right now. So it is what it is.

00:14:27:18 – 00:15:41:01

Kory Hoang: But you know, back in 2017 when I read about that, I told David you know, I was like, “I don’t think we should be buying Tether.” “You know, we should find another stable coin to put our money into,” So we look for another stable coin. Guess what? Couldn’t find anything. There’s nothing else other than USD back in 2017. There were new bits and bit USD, but those were like, those were like synthetic stable coins, they’re not organic. What I define as organic you know, it’s a stable coin that’s actually backed by the U.S. dollar. A synthetic stable coin is like you know, something that’s peg to like the benchmark, but it’s backed by something else. And so you have to like, it’s financially engineered its connection, this valuation between the two, the backing and the token. So those are a little bit more shaky and you know, we thought those were even more riskier than Tether. We were right, you know, new bits basically crashed to nothing and whoever had money in new bits basically lost everything. Bit USD was very unstable, many times it lost its peg like you know, for a significant period of time and it doesn’t have a lot of liquidity either.

00:15:42:07 – 00:17:16:10

Kory Hoang: So anyway, that’s when we realized, “Hey there’s a hole in the market, maybe we need to fill this hole, you know, maybe we should do something about this.” And this was like fall of 2017. And so you know, me and him and some other guy, we got together, we wrote up a white paper about you know, how creating a stable coin backed by U.S. dollar that transparent and trustworthy and audited and issued by a regulated you know, entity would you know, usher in the feature of you know, the financial revolution basically help a blockchain technology. So, we set out to do it. I quit my job at the end of 2017. David took a little bit longer to quit his job because you know, you work at Amazon, it was very cushy over there. So yeah, he was a software engineer at Amazon. When I got venture funding, actually before we got venture funding for our seed round, David decided to actually quit and you know, join our startup because at that point, it seemed very likely that we were gonna get funding. And I think he turned down an offer, Google. He had an offer from Google to go and engineer over there and I think you know, they were paying like $200K plus for like, people at his rank. So you know, he turned that down, he became a Co-Founder and my CTO for Stably actually, and we raised $500 grand of seed round to start the company and then you know, it all happened from there.

00:17:18:02 – 00:17:19:10

Richard Carthon: Off to the races from there.

00:17:20:04 – 00:17:21:10

Kory Hoang: Yeah.

00:17:21:12 – 00:17:46:29

Richard Carthon: Yeah. So I mean, I’ll tell you what, the timing of what you’re doing definitely is really good because there’s an absolute boom in the stable coin market right now. I mean just you look left and right in the media, a lot of people are talking about why there is just so much opportunity in the stable coin space right now. So can you kind of speak to that right now of why you think Stably is positioned to really capitalize on just all the attention that’s kind of being put in this space right now?

00:17:48:18 – 00:18:24:03

Kory Hoang: Yeah absolutely. I think you know, the crypto industry has evolved a lot. Crypto, blockchain in general, we’ve gone from late you know, Bitcoin’s birth in 2009, through a whole decade, more than a decade now of evolutionary you know, progress where Ethereum was developed, you have smart contract, you could build smart you know, decentralized application on the blockchain and then we have stable coins coming out. You know, now they are regulated entities again to stable coin and then recently you know, the Fed just announced that banks now use crypto.

00:18:25:03 – 00:18:25:18

Richard Carthon: Yep.

00:18:25:20 – 00:18:53:26

Kory Hoang: So you know, we’ve come a long way and now I think we’re just right at you know, the point where we can start transforming the existing financial system. You know, with the help of blockchain technology and cryptocurrency you know, the economy globally because the U.S. is leading the way in this. They literally just say, “Hey banks can now start custody in crypto.” Right?

00:18:54:01 – 00:18:54:16

Richard Carthon: Yeah.

00:18:54:18 – 00:19:25:17

Kory Hoang: So that’s the first step. The next step is you know, all these banks to be connected by stable coins. That’s why they’re custody into crypto in the first place. It’s not to you know, custody Bitcoin or whatever. Maybe it is as well, definitely it is, but you know, the ability for all these banks to be connected by stable coins or maybe a federal digital dollar that’s you know, very, very, huge value and you know, enormous potential there.

00:19:25:28 – 00:19:27:05

Richard Carthon: Right, a ton of use cases.

00:19:27:27 – 00:20:06:13

Kory Hoang: Yeah, so right now, with that said, we think that now it’s time to start tokenizing more asset classes, whereas, before we, you know, did a really good job on the U.S. dollar, right? Everybody did U.S. dollars right after Tether. And now I think that the market is quite saturated and you know, it’s growing, it’s maturing. You know, Tether still has more than 90 percent of the market right there, so it’s not really growing like, organically as it should be. But for all intensive purposes you know, the whole stable coin industry is now $10 billion plus.

00:20:07:11 – 00:20:07:26

Richard Carthon: Yeah and continues.

00:20:07:28 – 00:20:52:22

Kory Hoang: Yeah, yeah exactly. So now let’s talk about other asset classes. I mean before we talk about that, we need to talk about other types of foreign currency, right? You know, Chinese yuan, Japanese yen, Hong Kong dollar, and all this stuff. Each one of these countries and these markets have their own local ecosystem. And you know, a locally denominated stable coin would integrate much more efficiently into these ecosystems, as opposed to you know, a foreign denominated stable coin. And you know, for adoption purposes as well and for political reasons, you know, why would you want you know, a foreign denominated stable coin running in your country, right?

00:20:53:06 – 00:20:53:29

Richard Carthon: Right.

00:20:54:04 – 00:21:40:06

Kory Hoang: So there is a lot of potential and opportunities there as well. We’re working on a lot of partners on that right now, obviously. Other asset classes include, like you know, precious metal, gold, silver. Yeah, yeah. You know, gold is like going off right now. I know people originally were like, “Why’d you just start tokenizing the U.S. dollar?” You know, U.S. dollar C-Ops, Federal Reserve, fractional reserve banking, money printing gold or whatever, right? I was like I know, I know, I know all that, but it’s easier to start with dollars, so let me start there, I’m a startup for crying out loud. And you know, let me grow eventually and now I’m tokenizing you know, other stuff already.

00:21:40:19 – 00:21:41:04

Richard Carthon: Yeah.

00:21:41:06 – 00:22:25:05

Kory Hoang: So we’re getting there. I think the next step is you know, we will start looking through securities as well. Of course, in the United States, to sell securities to U.S. investors, you have to go through a regulated channel. We have signed partnerships with you know, partners that can enable us to do that. We have a partnership with Rotolo, which is an API that allows us to basically issue security token then list it for trading on regulated security exchanges for all sorts of trading systems in the U.S. So if I wanted to tokenize like you know, bonds or stocks or like real estate in the U.S., right now as a security token for any particular project, I can’t. Problem is, the market for that in the United States right now.

00:22:26:04 – 00:22:34:10

Richard Carthon: Dismal. There’s still a lot more market awareness that has to be brought to it before it can kind of grab any kind of legs.

00:22:35:01 – 00:22:42:11

Kory Hoang: Correct. Now however, offshore the security token market, now I’m talking about the legit ones, not the scammy ones, right?

00:22:42:29 – 00:22:43:14

Richard Carthon: Yeah.

00:22:43:16 – 00:23:26:24

Kory Hoang: The legit ones are actually like you know, kind of based out of Singapore, like Hong Kong where there are some major names involved. They’re, you know, tokenizing real estate and stuff. Those are actually going and they’re getting you know, a decent amount of traction. And you know, I think in general, going offshore serving the national market and not serving the U.S. market enables a lot more opportunities and you know, potential for products because in the U.S. I can’t you know, there’s no sense for me to tokenize securities. Going offshore, I can do that and you know, do a lot of various structured products for international consumers, instead of U.S. consumers. And yeah and you know.

00:23:28:08 – 00:24:40:17

Richard Carthon: it’s an international game man and that’s why the opportunity in crypto is so amazing and in blockchain as well is that like it’s borderless. It truly can be anywhere in those opportunities and if you go run into a country where there’s regulatory problems or issues that you’re facing, you’re just like, “Okay, I’ll just go to another country and there just gonna let me run wild.” And then eventually once the U.S. catches up or wherever, who’s not currently using it eventually does. Then you already have their infrastructure, everything you put in place, so you can sprint once everything catches up. So it’s a really, really, really good time to be in this space and creating these opportunities because at some point, there’s gonna be a switch that turns where everyone’s on the crypto, blockchain like just bandwagon. And when that happens, all of the companies who have been laying the groundwork and the foundations are just going to excel because they’ve already just been putting in the work, learn the lessons, hit the bumps in the road and they’re just ready to go and crush it. And so a final question that I kinda want to ask you really quickly is just 2020 has been a really interesting year to say the least. What are some things in the horizon and next year to three years that you think people should be looking out for?

00:24:43:08 – 00:25:22:22

Kory Hoang: Get ready for a bunch of crypto banks coming, regulated crypto banks or digital you know, trust companies or banking companies coming out. That’s going to provide a lot of innovative products. Get ready for some sort of regulatory events happening with Tether because of the investigation going on, good or bad, I don’t know. I sure hope you know, I do hope that you know nothing bad happened overnight because Tether is like 90 percent of the stable coin market right now and it’s powering like all these exchanges and ecosystems, so if something does happen to it overnight, we don’t want that, right?

00:25:22:28 – 00:25:23:13

Richard Carthon: Right.

00:25:23:15 – 00:25:53:28

Kory Hoang: Really bad like you know, at least let it happen slowly or something you know, but only time will tell. In addition to bad, expect more you know, not so much utility token, but asset backed token coming out. Whether it be security token that’s actually backed by like you know, stocks or bonds or something or you know, real estate asset, a precious metal, different type of asset classes, etc.

00:25:54:00 – 00:26:08:07

Richard Carthon: For sure. Well, I really appreciate everything you’ve dropped on us today. You’ve given us all a lot to think about and just so many nuggets of knowledge. But what is the final thought that you want to leave with all of our listeners here today?

00:26:08:09 – 00:26:53:08

Kory Hoang: Final thought, huh? Let me think about this one. Caught me off guard here. Final thought, well I guess now that you know, the world has gone through Covid and this international global recession, pay attention to what’s going on in financial markets because we’re going through unprecedented time, right? And my eyes are like always monitoring what’s going on with the S&P 500 and with you know, economic indicators, like employment stuff to you know, the dollar bond rates and all that. Regular people don’t need to do all that because that’s like a whole lot of whatever, but you know, at least trying to be aware of what’s going on.

00:26:53:26 – 00:27:36:17

Kory Hoang: And you know, act accordingly because you know, for example, in the past month, the U.S. dollar has depreciated a lot. In the meantime, gold and you know, Bitcoin are starting to go up, something you should pay attention to. You know, even as a regular person, like that’s something that like you can comprehend, right? You know, your money is losing value and gold and something else is going up in value. You know what’s going on, is this something wrong? You know. Obviously something is wrong, but you know, what can I do to protect my money or prepare for this future potentially financial crisis? But we’re already in a financial crisis. You know, we’re minting like money like metal tomorrow.

00:27:36:19 – 00:27:37:04

Richard Carthon: Yeah.

00:27:37:10 – 00:28:06:09

Kory Hoang: I don’t know you know, if how long that’s gonna keep up because basically all this money printing only works as long as you know, confidence in the U.S. government and the U.S. dollar and the U.S. military and all that stuff. And the U.S. economy remains right now you know, the dollar losing strength, that just indicated the world is losing confidence you know, in the U.S. right now. And it’s you know, so what do you do in order to, you know, hedge against that and maybe make a profit against that?

00:28:07:00 – 00:28:07:16

Richard Carthon: Hedge against that.

00:28:07:18 – 00:28:16:01

Kory Hoang: Yeah you know, just kind of keep that in mind. You know, don’t live through these times like chilling and not caring and like, “Oh, it’ll figure itself out, like you know, just the flu, don’t worry.”

00:28:16:03 – 00:28:16:18

Richard Carthon: Right.

00:28:16:20 – 00:28:22:20

Kory Hoang: Wear a damn mask for crying out loud, Jesus Christ.

00:28:22:23 – 00:28:23:20

Richard Carthon: Yeah.

00:28:23:26 – 00:28:29:26

Kory Hoang: So we’re going back to the U.S. and like you know, having to deal with all of this. Like back in Vietnam like you know, the government didn’t even mandate.

00:28:34:16 – 00:28:35:01

Richard Carthon: Right.

00:28:35:03 – 00:28:36:28

Kory Hoang: Anyway, I could ramble on about this forever.

00:28:37:00 – 00:29:24:20

Richard Carthon: No, but I think that’s a good final thought. Just stay abreast of everything that’s going on. There’s a lot of things and if you’re listening to this podcast you know, we’re definitely keeping you up to date with what you should be paying attention to. But I mean, I think there’s a lot that’s going to be happening in the next couple months. There are a lot of programs, money’s about to stop being sent out, unless it is renewed. A lot of people are about to start getting evicted from their houses, from landlords and as mortgages are about to be defaulted on. And there is a giant storm brewing and just be prepared in your own way to handle what could happen on the end of it if things go south. And I think that’s just good, just make sure you’re aware and prepared for everything like that. So I appreciate that thought. So Kory, what are some ways that people can either connect with you and learn more about Stably?

00:29:26:00 – 00:29:49:09

Kory Hoang: Absolutely. You can contact me via email Kory@stably.io. That’s K-o-r-y at S-t-a-b-l-y.io or you can contact me on a Telegram. My handle is Kory Hoang, Kory Hoang, K-o-r-y H-o-a-n-g.

00:29:49:11 – 00:29:53:08

Richard Carthon: Awesome. Well again, Corey I really do appreciate your time today. And for everyone listening, Stay Crypto Current.