Palmer Luckey is the founder of Oculus+Anduril. In the era of VR, I sold Oculus to Facebook and made a lot of money. Later, I started working on military drones/AR with Anduril and made a lot of money. Recently, he has also set his sights on the big cake of stablecoins. In an interview, he mentioned that he wants to start a bank, not a traditional one. His idea comes from his own needs: At first, he wanted to find a traditional bank to serve his company, but found that the traditional bank simply did not understand his high-tech/military business. Finally, I managed to find a viable bank: Silicon Valley Bank (SVB). However, in 2023, Silicon Valley Bank suddenly collapsed, leaving everyone with money and requiring government intervention. This experience gave him great stimulation, and then he decided to do it himself. During this process, He discovered the advantages of stablecoins: 365 days x 24 hours real-time settlement (traditional bank transfers on weekends/holidays/evenings are often T+1 or even T+3) Many companies particularly need this kind of ultra fast settlement, but traditional banks cannot provide it. Then, his judgment is that, With clear regulation, the US dollar stablecoin will explode. In the next 2-3 years, the vast majority of banks can only support stablecoins, otherwise customers will run out and they will not be able to compete with banks that support stablecoins. Therefore, he started his own bank Erebor that supports stablecoins. Stablecoins are a major trend. Ethereum will grow into a global settlement layer.