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Feb 18, 2026
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LONG
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"Trade flows... are shifting predominantly from the west to the east primarily coming from China to ASEAN countries... as well as to the UAE." The macroeconomic trend is moving away from Western-centric trade corridors toward an intra-Asian and Middle Eastern bloc. As volume grows in these corridors (UAE-Philippines, China-ASEAN), the underlying economies and their payment volumes will outperform Western counterparts. LONG. Capitalize on the macro rotation of capital and goods into these specific regions. Geopolitical escalation in the South China Sea or Middle East disrupting these specific trade routes. |
CoinDesk
OSN Opens a New Blockchain Payment Rail Betwe...
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Feb 18, 2026
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LONG
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"You need to build infrastructure to solve that... having the infrastructure in place not only to facilitate US dollar stable coins but as well as facilitating local currency staples becomes critically important." As regulators in non-US jurisdictions (UAE, Philippines, Japan) enforce local currency sovereignty, volume will shift from generic USD rails to compliant, local-currency stablecoin infrastructure. Companies building the "last mile" API connections between blockchains and local banking systems will capture the fees from this volume migration. LONG. The sector is pivoting from speculative trading (USD-denominated) to real-world commercial settlement (Local-denominated). Over-regulation stifling adoption or banking partners de-risking from crypto infrastructure providers. |
CoinDesk
OSN Opens a New Blockchain Payment Rail Betwe...
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Feb 18, 2026
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WATCH
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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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