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Feb 18
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$1
$0.999526
-0.0%
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WATCH
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Shaun Lee
Co-founder of OSN (Open Stable Network)
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"In the stable coin sense right now is probably 99% US dollar... those two numbers [real world trade vs crypto usage] are going to normalize at some point." Currently, USD stablecoins have a near-monopoly (99%). If the market normalizes to match real-world trade flows (where USD is ~60%), USD-pegged assets like USDT could see a relative decline in market share dominance as local currency stablecoins rise to fill the 40% gap. WATCH. While total volume may grow, the *dominance* of USD-only rails is challenged by the rise of sovereign-backed local stablecoins. The network effect of the USD is stronger than anticipated, rendering local stablecoins illiquid. |
CoinDesk
OSN Opens a New Blockchain Payment Rail Betwe...
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Feb 10
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$1
$0.999526
-0.0%
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LONG
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Brian Pellegrino
Co-founder & CEO, LayerZero Labs
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LayerZero has secured partnerships with ICE (Intercontinental Exchange, parent of NYSE) and an investment from Tether (USDT) to build "global markets" and payments infrastructure on the Zero chain. This represents a shift from "tokenization experiments" to core infrastructure migration. ICE building on a permissionless chain signals high-conviction institutional adoption. Tether's direct investment suggests USDT will be the dominant medium of exchange on this high-throughput layer, reinforcing its moat against USDC. LONG. Regulatory hurdles preventing ICE from launching live markets on a permissionless chain. |
Unchained (Chopping Block)
Crypto’s Legal Lines, MegaETH Launched But De...
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