CZ: This Year Has Been Tough for Crypto, but RWA and Stablecoins Exceeded Expectations

CZ: This Year Has Been Tough for Crypto, but RWA and Stablecoins Exceeded Expectations

N
News Editor
2026-08-30 13:08:26
CZ appeared on the Meanders podcast on Aug. 30 and talked about resilience, adaptability, and what keeps him motivated in crypto. He said he generally doesn't set goals and just does his best, acknowledging that this year's poor market could hurt his company's performance, but he hasn't slacked or made major mistakes. He also shared his belief in simulation theory, comparing the world to a game where effort matters but outcomes are ultimately out of one's hands. On the industry, CZ said blockchain performance improvements are still too slow, while Bitcoin's slow upgrades make it stable—an advantage in its own right. He admitted he doubted RWA as recently as a year and a half ago, but it is now growing quickly. Similarly, five years ago he was unsure how long stablecoins could last and didn't fully understand them; now he sees that stablecoins have their own uses. These developments, he said, were things he hadn't expected.

CZ has a simple answer for how he handles pressure: he doesn't set goals, he just does his best.

CZ appeared on the Meanders podcast on Aug. 30 to discuss resilience, adaptability, and the motivation that keeps him going in the industry. This year, he acknowledged, has been rough for the market. The company's performance may decline, he said, but he has no regrets. 「I generally don't set goals; I just do my best. I didn't slack off, and I didn't make any major mistakes,」 he said.

He also said he believes the world is simulated. 「I believe this world is simulated, so it's like a game,」 he explained. 「It's simulated, but that doesn't mean the game isn't important. In this game, I just need to do my best. After you handle things the best you can, all that's left is to wait, lie back, and win.」

Turning to the industry, CZ said blockchain performance improvements are still coming too slowly. Bitcoin, however, benefits from its slow upgrade cycle. 「Because Bitcoin upgrades slowly, it's particularly stable. That's an advantage, so there are advantages and disadvantages,」 he noted. Many ideas from the early days have been realized, many haven't, and some things that happened were never imagined.

RWA is one such surprise. 「Even a year and a half ago, I doubted whether RWA could work,」 he said. 「But now it's growing very fast.」 Stablecoins are another. Five years ago, he was still unsure how long stablecoins could last and didn't fully understand them. Yet they have found their niche. 「Stablecoins have their uses,」 he said. These, he added, were things he had not expected.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
8300

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.