Stable-Coin Native Markets Stablecoins already move US$3 T a year, but payment use-cases favour incumbents. The real alpha lies in markets that can only exist because dollars live on-chain 24/7: instant top-up leverage for traders, overnight repo between treasuries holding USDC, or programmable global lotteries that pool liquidity from every time-zone. Build infrastructure that treats all stablecoins as fungible rails and you become the pick-and-shoelayer of this new economy. Second-Order Pre...

Stable-Coin Native Markets Stablecoins already move US$3 T a year, but payment use-cases favour incumbents. The real alpha lies in markets that can only exist because dollars live on-chain 24/7: instant top-up leverage for traders, overnight repo between treasuries holding USDC, or programmable global lotteries that pool liquidity from every time-zone. Build infrastructure that treats all stablecoins as fungible rails and you become the pick-and-shoelayer of this new economy. Second-Order Pre...