This Week in Stablecoins: Interoperability vs Competing Interests
Interoperability is what the financial space has touted as a prerequisite for stablecoins to reach commercial scale.
But, at the same time, the banks, card networks, stablecoin issuers, blockchain operators and infrastructure providers all building that interoperability are each simultaneously competing to control the layer through which digital money is routed, converted, settled and governed.
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