

Serena Sebastiani
359 posts

@_WhatifSS_
Fintech and the Future of Finance, Virtual Assets, Open Finance | Investor | Mentor | Alpinism & Mountaineering | Art | Other Fun Stuff






Stablecoins will happen in the U.S. because BlackRock and the banks want them to happen. This could not be more obvious. The new BlackRock BUIDL fund on Ethereum is a high bandwidth pipeline between U.S. Treasuries and USDC. Pipelines will bring trillions onchain. The USDC issuer Circle is (likely) will IPO soon. BlackRock has ownership in Circle. The banks will backdoor themselves into stablecoins - by acquiring/partnering/controlling crypto native companies - and they'll lobby for stablecoin legislation and make it happen along the way. The US does not have the political will to build a central bank digital currency. They're create one defacto through private bank issued stablecoins on public crypto networks like Ethereum. As long as we preserve open, permissionless, decentralized protocols like Ethereum at the bottom of the stack - then crypto wins. The liquidity and legitimacy from this will make crypto unstoppable.