The Great Unbundling: Why Everyone Is Building a Stablecoin Chain (And Why Most Will Fail)
A 2025 year-end analysis of the stablecoin chain explosion, tokenized deposits, and what the fragmentation means for cross-border payments.
A 2025 year-end analysis of the stablecoin chain explosion, tokenized deposits, and what the fragmentation means for cross-border payments.
AI agents can execute actions, but they can't decide which action is correct. Finance exposes this gap more clearly than any domain. Here's why context, not compute, becomes the bottleneck.
The last crypto winter felt like building in a pit while the world pretended blockchain didn't exist. This winter feels different. Stablecoins are processing over $1.3 trillion monthly. The energy is quieter, but more honest. Builders are solving problems that matter: payments, trust, liquidity, stability.