3 big questions with Privy CEO Henri Stern

Key Points

1. Privy, acquired by Stripe, aims to streamline multi-wallet usage and improve user experience in crypto, serving companies like OpenSea and Farcaster.

2. Stern identifies three main angles in consumer crypto: DeFi and trading, consumer engagement, and a new emerging category that blends traditional finance with crypto.

3. Stern believes users will manage multiple identities across different crypto applications, with improved bridging between apps and a meta-level control center for settings.

4. The rise of crypto 'superapps' is seen as uncharted territory in the West, but examples like WeChat and Line in Asia show potential for similar developments in crypto.

5. Farcaster is cited as an example of an app blending social features with mini-apps, indicating a trend towards multifunctional platforms in the crypto space.