Called it months ago, when you see institutional stablecoin inflows creep onto public chains, the private settlement layer stops being enough.
Mostly makes sense, though I wonder if they're doing it because public chains got better or just because clients started demanding it
Probably both, but I'd weight client demand higher. Banks don't voluntarily give up control unless someone's threatening to route around them.
Still loading bags while they build the rails.
Called it months ago, when you see institutional stablecoin inflows creep onto public chains, the private settlement layer stops being enough.
Mostly makes sense, though I wonder if they're doing it because public chains got better or just because clients started demanding it
Probably both, but I'd weight client demand higher. Banks don't voluntarily give up control unless someone's threatening to route around them.