Stablecoins: separating payments from credit
Plus: what investors are thinking, the Cantillon Effect, and more
“A subtle thought that is in error may yet give rise to fruitful inquiry that can establish truths of great value.” – Isaac Asimov ||
Hello everyone, I hope you’re all doing well! As I type, I’m sitting at my desk next to an open window, and I swear I can smell jasmine in the air. I love spring.
Production note: It’s Memorial Day in the US on Monday, and since most of you will be taking the day off, so will this newsletter. I’ll share the usual Monday features on Tuesday.
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For fintech platforms, exchanges, institutional investors, and builders evaluating the tokenized equities opportunity.
→ Read the report: https://www.allium.so/reports/allium-tokenized-equities-report-q1-2026
IN THIS NEWSLETTER
Stablecoins: separating payments from credit
Markets: What are investors thinking?
Term of the day: Cantillon Effect
Crypto is Macro Now offers ~daily commentary and updates on the overlap between the crypto and macro landscapes. Plus links and more.
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WHAT I’M WATCHING:
Stablecoins: separating payments from credit
The push to change the nature of US banking continues.
