Privately, I’ve been talking a lot about the physics of money at Brale for the last few years, but this is the first time I’ve had the opportunity to unpack the idea further on the record.
So much has changed about stablecoins in the last 6 months. The cost to launch a Stablecoin has hit effectively zero. The cost to run transactions on-chain is now lower than the Fed master account fees per transaction. Protocols have eliminated bank hours, and everyone, everywhere, can build on demand.
Thanks to the Stable Dash team for having me! They did a great job, and I’m excited to listen to Season 7 in its entirety.