Stability is now table stakes. It’s a prerequisite, and not the point.
Stablecoins provide the foundational infrastructure for a global finance stablecoin new stacka16zcrypto.com/posts/ar…
They move value across borders instantly, settle immediately rather than in days, and can be held directly by anyone on the internet, no intermediary required.
And because stablecoins run on programmable blockchains, they can also be embedded in ways traditional money never could.
This is the shift stablecoins are enabling: from money as something managed by institutions to money that behaves like software.
The question is no longer “will it hold its value?” but “what else can we build with it?”