The Chopping Block: Stablecoin-as-a-Service: The Next Big Crypto Gold Rush? - Ep. 906

The Chopping Block: Stablecoin-as-a-Service: The Next Big Crypto Gold Rush? - Ep. 906 – Unchained

Mentioned

Bullish

USDT— Tether dominates international markets in emerging economies like Turkey and Venezuela, with strong brand recognition and usage despite competition from other stablecoins
HYPE— Circle has struck a partnership deal with Hyperliquid, becoming a validator and bringing significant liquidity to the platform

Bearish

STABLES— Non-USD stablecoins face significant adoption challenges as users overwhelmingly prefer dollar-denominated stablecoins, with multiple historical failures demonstrating this pattern. New stablecoin chains also face oversupply issues with insufficient demand generation
TEMPO— New stablecoin entrants like Tempo face massive infrastructure barriers to achieving global scale, lacking the liquidity infrastructure and banking connectivity that established players have built
SOL— Solana's attempt to create its own native stablecoin would likely fail due to poor user experience and friction, as users prefer established stablecoins
PYUSD— PayPal USD failed to achieve critical mass on Solana despite significant subsidies from PayPal, demonstrating the power of network effects favoring established stablecoins

Not investment advice.