In this episode of Bill It Up, we invited Yetta, a partner at Primitive Ventures, to engage in an in-depth conversation about Crypto, VC, and Web3. She pointed out that the current market cycle presents challenges for VC investors, who need to focus on researching and identifying structural opportunities in the market. Yetta specifically discussed the rise of Stablecoins, with a trading volume reaching 35 trillion, more than double that of Visa, with about 60% used for cross-border payments. Tether and Tron meet the demand in gray areas through distributed networks, while Circle gains an advantage in the US, European, and Japanese markets through a compliant approach, showing great potential for the future. She also noted that the Crypto industry exhibits a "dumbbell" trend: one end consists of institutional compliant players (like Circle and CME), while the other end features decentralized grassroots innovations. Finally, Yetta advised Gen Z to leverage AI to become "100x of themselves," focusing on the core opportunities in Crypto and diving in to grow rapidly. #Crypto #Web3 #VC Key Quotes: VC itself is venture capital, a life-and-death game, where breaking even on one or two deals is the norm. The years 2017-2018 and 2021 were the boom periods for the crypto market; now we need to return to common sense. The business models in Crypto can be boiled down to three types: capital costs, liquidity costs, and block space costs. Stablecoins have created an "Alipay without Alipay," enabling global receiving, payment, and remittance. The success of Tether and Tron stems from capturing the essential need for cross-border payments and establishing a distributed payment network. Circle follows a compliant route, covering the US, Europe, and Japan, with great potential for the future. The differentiation of public chains comes from user profiles; Ethereum leans towards stable returns, while Solana is transaction-driven. New opportunities for public chains arise from changes in new users and asset allocators, similar to how Pinduoduo captured the lower-tier market. Utilizing AI to become 100 times yourself, exploring areas of interest, and becoming a scarce resource.