Why Stablecoins May Never Escape Traditional Banking Risks, According to Frgmnt CEO
Key Highlights: Stablecoin adoption in emerging markets is driven by access to reliable U.S. dollars and capital preservation rather than decentralized finance (DeFi) speculation. Fiat-backed issuers must counter legacy banking counterparties through modular structures, segregated reserves, and multi-venue operational redundancies. Near-zero Layer-2 transaction fees are transitioning stablecoins from simple payment instruments into productive, yield-generating programmable ...