Spot on, @maikaisogawa
Stablecoins aren't "money" until they have real risk rails. We've built the rails for velocity, but skipped the brakes, guardrails, and early-warning systems that make TradFi actually work at scale.
Without pre-trade checks, risk insights and loss modeling, $600M hacks aren't bugs they're the predictable feature of skipping infrastructure.
This shouldnt be seen as optional
Maika Isogawa@maikaisogawa
the @a16zcrypto stablecoin market map was missing something: risk I fixed it. meanwhile: $600M+ hacked in April we’re trying to turn stablecoins into global financial rails without the equivalent of Moody’s / S&P / risk desks that’s insane no real financial system works without pre-trade risk checks, real-time monitoring, probability of loss this is not optional infra this is the infra
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