Digital Assets
Stablecoins and the 24-Hour Financial System
Stablecoins are evolving from trading infrastructure toward payments, settlement and cash-management applications.
Executive perspective
A considered view of the subject.
Institutional research points to growing interest in stablecoin-based money movement and cross-border settlement.
Research focus
Questions that frame the analysis.
The investment question is where economic value accumulates: issuers, networks, infrastructure, exchanges or users.
Investment perspective
The portfolio lens.
Adoption should be measured through transaction activity, reserves, network effects and operating economics.