DeFi

From conversations I had, the number of different stablecoins that are going to be released in the next year is quite crazy. 

Having a hard time understanding what is the endgame of all this: Will we see a winner takes all eventually or will it be forever fragmented?

Co-founder & CEO at @morpho labs. Making financial infrastructure a public good.

Lots of factors but the history of digital money services feels relevant here. Look at Mpesa and Alipay. Certain orgs will get tacit approval from governments and are the ones that get their wheels greased. Payment is all about convenience. Visa + Mastercard way ahead in that sense in US, but imo they are starting to lose with tap-to-pay + digital wallets/cards on cellphones. It does seem that if history repeats itself there will be more than one winner. IMO next step is stablecoins being inside of traditional wallet apps and more deeply integrated with things like Venmo and Paypal.