How Omni Network Is Looking to Redefine Interoperability in Crypto

As the crypto industry charges into 2025, Omni Network is emerging as a key player in tackling some of the space’s most pressing challenges.

Austin King, co-founder of Omni Network, describes their mission as addressing the fragmentation and complexity that currently define the on-chain economy. “Omni is solving the biggest problem facing the on-chain economy today,” he explains, highlighting the platform’s role as an abstraction layer to make decentralized finance (DeFi) more accessible.

Omni Network focuses on interoperability — a concept King has long championed. Having previously founded and sold a company to Ripple in 2019, King brings extensive experience navigating the multi-chain ecosystem. Reflecting on his journey, he notes, “when I first got involved in 2017, 2018, there wasn't even DeFi — like that wasn't an idea that we could have onchain financial services. At that point, it was mostly about tokens, and people were very much figuring it out." Today, Omni is working at the forefront of enabling seamless interaction across Ethereum Layer-1 and multiple Layer-2 networks.

“We’ve actually really mostly solved the scalability problem,” he says, recalling the days when Ethereum transactions could cost hundreds of dollars. “We're far beyond that now. The issue now is that we have all these siloed networks that are very efficient, but interoperating and working across them is very difficult today.” Omni aims to unify these networks, ensuring users don’t need to think about where their transactions occur — a vision reminiscent of the internet’s horizontal scaling.

Omni’s strategy borrows from traditional finance, specifically the Robinhood-Citadel model that passes order flow to market makers to make things easier for users.

“Users are just going to go to an application, click a button to use a DeFi protocol, and it’s going to be submitted to this open auction marketplace,” King explains. Sophisticated actors handle the complex backend, executing transactions across chains like Ethereum, Solana, or Arbitrum, and returning assets to users seamlessly, much like the Citadels of the world can come and bid for that user order flow and the right to execute it in the world of traditional finance.

As 2025 unfolds, King identifies tokenization as a key trend. “We are going to see many institutions tokenize financial assets and put them onchain to seize this opportunity,” he predicts, emphasizing the potential of tokenized treasury bills and other high-grade assets to revolutionize DeFi. “Even the introduction of things like Treasury bill products onchain stands to revolutionize the entire decentralized finance economy.”

Omni’s launch comes at a time when regulatory clarity is poised to reshape the crypto landscape. King recalls his time at Ripple during its legal battles with the SEC, which ultimately may have finally clarified XRP’s status.

“I think the incoming administration has made it very clear that they plan to roll out regulatory clarity,” he says, underscoring the importance of clear rules for unlocking crypto’s full potential. As that happens, the floodgates are likely to open. Given King's prior Ripple connection, he believes that could mean both Ripple and Omni are well suited to capitalize with the recent launch of their RLUSD stablecoin. (XRP is up 500% since Trump's election win.)

Indeed, that area is one that King is most bullish on, predicting stablecoin adoption could exceed $1 trillion by the end of the year.

“Liquidity around the US dollar is kind of the foundation of the rest of the financial system of the world today,” he explains, pointing to stablecoins’ role in providing financial stability in underbanked regions like Argentina. As President Milei looks to open up capital controls in Argentina and enable access to dollars in the country for citizens in the first time in nearly two-decades, it may very well mean an accelerated uptake in dollar-backed stablecoins.

Omni Network’s commitment to reducing complexity and enhancing access to on-chain financial services positions it as a pivotal player in crypto’s next chapter. With its innovative approach to interoperability and a focus on empowering users, Omni is set to redefine how individuals and institutions navigate the blockchain ecosystem in 2025 and beyond.

Coinage members can watch our full interview with Omni Network's Austin King above. To support our community-owned outlet, own it with us, and unlock other exclusive benefits, mint one of our Membership Passes today or Stake with us today! Chat with Coinage in our Discord.