Stablecoin Syndrome: Why Every Company Wants One and Most Shouldn’t
Why stablecoins attract Amazon, Walmart, and JPMorgan but most should partner, not issue their own.
Stablecoin Syndrome: Why Every Company Wants One and Most Shouldn’t
Why stablecoins attract Amazon, Walmart, and JPMorgan but most should partner, not issue their own.
Stablecoin Syndrome: Why Every Company Wants One and Most Shouldn’t
The Rise of the Corporate Stablecoin CrazeLet’s start with an interesting statistic: in 2024, Tether, the issuers of USDT, reported approximately $13 billion in net profit, with around 150 employees, translating to $86 million in profit per employee (Tether Report). This makes Tether, by comparison, Wall Street giants like Goldman Sachs and Apple report profit per employee in the $300k to $1 million range. Sounds like a lucrative business model… Unsurprisingly, over the last year, we have see...
Stablecoin Syndrome: Why Every Company Wants One and Most Shouldn’t
The Rise of the Corporate Stablecoin CrazeLet’s start with an interesting statistic: in 2024, Tether, the issuers of USDT, reported approximately $13 billion in net profit, with around 150 employees, translating to $86 million in profit per employee (Tether Report). This makes Tether, by comparison, Wall Street giants like Goldman Sachs and Apple report profit per employee in the $300k to $1 million range. Sounds like a lucrative business model… Unsurprisingly, over the last year, we have see...
From Servers to Superchains: How Rollups are Taking Over Blockchains
Rollups let businesses launch custom blockchains while tapping into shared ecosystems. They offer flexibility, security, and composability but face challenges around liquidity and fragmentation.
From Servers to Superchains: How Rollups are Taking Over Blockchains
Rollups let businesses launch custom blockchains while tapping into shared ecosystems. They offer flexibility, security, and composability but face challenges around liquidity and fragmentation.
From Servers to Superchains: How Rollups are Taking Over Blockchains
Web Hosting → Value NetworksDespite most websites being concentrated among a few major server providers, the internet remains fundamentally decentralized and fragmented in its architecture. The internet is essentially a vast network of interconnected computers that use open standards to communicate (TCP/IP, HTTP, DNS, etc…). Technically, anyone can self-host their own server and participate in the World Wide Web without any middle-men. While that is the case, not every business or application...
From Servers to Superchains: How Rollups are Taking Over Blockchains
Web Hosting → Value NetworksDespite most websites being concentrated among a few major server providers, the internet remains fundamentally decentralized and fragmented in its architecture. The internet is essentially a vast network of interconnected computers that use open standards to communicate (TCP/IP, HTTP, DNS, etc…). Technically, anyone can self-host their own server and participate in the World Wide Web without any middle-men. While that is the case, not every business or application...
The Digital Value Chasm: Bridging the Gap with Tokenization
Tokenization brings value fully on-chain, simplifying payments, boosting financial market efficiency, and unlocking new models for ownership, finance, collectibles, and digital identity.
The Digital Value Chasm: Bridging the Gap with Tokenization
Tokenization brings value fully on-chain, simplifying payments, boosting financial market efficiency, and unlocking new models for ownership, finance, collectibles, and digital identity.
The Digital Value Chasm: Bridging the Gap with Tokenization
Growing Pains of Online PaymentsThe total transaction volume of the global digital payments market is projected to reach $17.72 trillion in 2024, and grow at a compound annual growth rate (CAGR) of 15.71% from 2024 to 2029. This growth is attributed to rising consumer transactions, mobile payments, and cross-border money transfers. (Statista) While value transfer is rapidly digitizing, the underlying representation of value online remains a complicated mess. The world of online payments and d...
The Digital Value Chasm: Bridging the Gap with Tokenization
Growing Pains of Online PaymentsThe total transaction volume of the global digital payments market is projected to reach $17.72 trillion in 2024, and grow at a compound annual growth rate (CAGR) of 15.71% from 2024 to 2029. This growth is attributed to rising consumer transactions, mobile payments, and cross-border money transfers. (Statista) While value transfer is rapidly digitizing, the underlying representation of value online remains a complicated mess. The world of online payments and d...
How rollups will help Ethereum be the canonical chain for valuable assets.
The contents of this article was first featured in a Twitter Thread dated January 31, 2023.Everyone knows by now the future of scaling on Ethereum is rollup-centric, but why focus on roll-ups and not alternate L1s for scalability?The Answer: Seamless and More Secure Interoperability.Interoperability isn't just between protocols on a network, but between protocols on different networks! We're already seeing many DeFi protocols talking about cross-chain liquidity where users can acces...
How rollups will help Ethereum be the canonical chain for valuable assets.
The contents of this article was first featured in a Twitter Thread dated January 31, 2023.Everyone knows by now the future of scaling on Ethereum is rollup-centric, but why focus on roll-ups and not alternate L1s for scalability?The Answer: Seamless and More Secure Interoperability.Interoperability isn't just between protocols on a network, but between protocols on different networks! We're already seeing many DeFi protocols talking about cross-chain liquidity where users can acces...
How rollups will help Ethereum be the canonical chain for valuable assets.
The contents of this article was first featured in a Twitter Thread dated January 31, 2023.Everyone knows by now the future of scaling on Ethereum is rollup-centric, but why focus on roll-ups and not alternate L1s for scalability?The Answer: Seamless and More Secure Interoperability.Interoperability isn't just between protocols on a network, but between protocols on different networks! We're already seeing many DeFi protocols talking about cross-chain liquidity where users can acces...
How rollups will help Ethereum be the canonical chain for valuable assets.
The contents of this article was first featured in a Twitter Thread dated January 31, 2023.Everyone knows by now the future of scaling on Ethereum is rollup-centric, but why focus on roll-ups and not alternate L1s for scalability?The Answer: Seamless and More Secure Interoperability.Interoperability isn't just between protocols on a network, but between protocols on different networks! We're already seeing many DeFi protocols talking about cross-chain liquidity where users can acces...
