We’ve previously argued that stablecoins will primarily benefit incumbents. Nonetheless, we think that there will be large crypto-first businesses built or strengthened off the back of stablecoins. On-chain lending markets like Aave and Morpho are one example. Stablecoin-first neobanks are another.
Stablecoins have famously been called room-temperature superconductors for financial services. Instant, borderless, and nearly free, stablecoins move value as easily as bits. But plug them into the legacy financial system, and these superconductors lose much of their super power.
Apptokens could revolutionize crypto by stabilizing apps, unlocking new business models, and driving sustainable growth.
I’m excited to announce that I’ve joined the investment team at Standard Crypto, a venture capital firm with elite company-building experience and deep-rooted expertise in crypto.
