Bitcoin BREAKS $86K - And The Biggest Sell Wall Just Disappeared | Stani Kulechov

Kulechov expects securities to move onchain over the next five to 10 years, but says tokenization still lacks clear safe harbors and compliant implementation guidance. He describes one potential use already taking shape: tokenized stocks serving as collateral for stablecoin loans, with perpetual-futures data helping value that collateral outside regular market hours.

Kulechov sees stablecoins serving as cross-border payment tools, DeFi access, and the cash leg for tokenized assets, and argues that yield is important to their future role. He expects adoption to come especially from newer generations seeking different financial products rather than from a broad shift of household deposits away from banks.

Kulechov argues that DeFi can reduce lending costs by replacing some staffing, settlement, and paperwork with code, while transparent risk information can improve pricing. He also says liquidity and utilization have returned to mature protocols, and predicts that more onchain collateral could absorb idle pool liquidity and put upward pressure on DeFi rates.

Kulechov predicts AI agents could expand commerce beyond today’s internet customer base, creating an opportunity for stablecoins and onchain finance; he also expects AI to increasingly write and review smart-contract code. The host warns that AI could identify abandoned protocols with millions of dollars in TVL as targets, while Kulechov says security must address operational readiness and disaster recovery as well as code.