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David is excited about what retail DeFi is going to look like in 2027 and we're "really close" to finding out. 1) I believe retail DeFi on the XRP Ledger will be very exciting in 2027. We have a lot of tailwind building up. It's the year institutions and retail meet on the DEX. This will be no doubt the most interesting catalyst not many have on their radar imo. 2) Ripple's acquisition and customers coming on chain is a flip of the switch moment. We have heard from Monica in Korea about goals to drive more Ripple customer activity on the XRP Ledger. Think of the groundwork done so far with crucial XRPL amendments for on chain compliance (PDEX/PDomain) and soon privacy, as well stablecoin issuers and regulated trading venues. Great interview Tony, as per usual :)

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