Monad & Stablecoins
Stablecoins are fast becoming a mass global medium of exchange, and crypto’s killer use case. Currently, stablecoins are responsible for approximately $150–200B of weekly volume settled on-chain, while Bitcoin’s relative measure ranges from $25–50B. Total USD-pegged stablecoin supply currently hovers around $160B, while Bitcoin’s market cap is comfortably $1T+. The velocity of stablecoins exceeds that of Bitcoin […]
Why We Invested in BOB (“Build on Bitcoin”)
2023 was a groundbreaking year for crypto. Fifteen years ago, Bitcoin emerged as a rival store of value, medium of exchange, and unit of account to fiat currency. In 2015, Ethereum unveiled the power of smart contracts – to trustlessly facilitate contractual agreements, powering a host of modern decentralized finance use cases. In years to […]