The Future of Stablecoins: A New Financial Era
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Many expect a power law for stablecoin winners, but it's more complicated than that. We're entering a multi-decade era of financial unbundling and a 'big bang' of stablecoins. Thousands will emerge, potentially leading to the first $1 trillion stablecoin and several worth $10-$100 billion within this decade.

Today's dominant stablecoins represent the first generation of stablecoin architecture, akin to the first New York Times website being merely a PDF in 1996.

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Today’s US Dollar is a far cry from its original asset-backed form. It's based on the fiat standard, leveraging artificial network effects, with inflation spiraling out of control.

The US Dollar now buys 2-3 times less than it did four years ago and nine times less than it did in the 1970s

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We are in an inflation pandemic.

These lines represent inflation across 30 countries since 1960. Currently, there are five countries worldwide with an inflation rate higher than 100%, and 23 countries exceeding 20%. The cost of sending a $200 international remittance can be as high as $8 to $34, depending on the send/receive corridor.

Getting credit often depends on gray markets, resulting in unfair loans, data theft, harassment, and physical harm.

The need for safe, stable money has never been more critical

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Stablecoins are poised to reshape the financial landscape, providing safe, stable alternatives amidst economic uncertainty. As innovation continues and adoption grows, we stand on the brink of a new era in global finance, where digital currencies play a central role in creating a more stable and equitable financial system. The journey has just begun, and the future looks promising