Editors choice Stablecoins & Central Banks

How Stablecoins Became Financial Infrastructure Without Becoming Banks

Stablecoins were once viewed as a niche crypto product, useful mainly for trading and short term settlement within digital markets. Over time, their role has changed quietly but significantly. Today, stablecoins function less like financial products and more like infrastructure. They move value, support liquidity, and connect systems, all without taking on the responsibilities or […]