YZi Labs: The $10B Vision Powering the Next Wave of Web3 and AI

YZi Labs' Ella Zhang and Alex Odgaiu discuss their support for the BNB Chain ecosystem at KBW 2025. They highlight the growth of BNB Chain, noting its large user base and TVL. Zhang recounts YZi Labs' early incubation of projects like Hyperliquid and Ethena, emphasizing their long-term vision for supporting founders. The conversation explores the evolution of stablecoins, from settlement tools to yield-bearing assets and payment methods, with focus on USD1 and USDE on the BNB Chain. Odgaiu views stablecoins as the first iteration of RWAs, leading to tokenization of assets like sovereign debt and corporate debt, and anticipates further tokenization of real estate and carbon credits.