This report and subsequent interview with Peter Johnson of Brevan Howard Ventures highlights the rise of stablecoins. I work for Circle, the purveyor of USDC, EURC, and our Digital Dollar infrastructure offerings so I may be a bit biased, but the proof is hard to deny. Stablecoins are replacing many forms of transmission of value, especially US Dollars. It reiterates Circle’s mission statement:
Circle is a global financial technology company helping money move at internet speed. Our mission is to raise global economic prosperity through the frictionless exchange of value.