L2 Overcrowding and Fighting for Mercenary Users

This week on Unchained, we’ve got a double-header.

First, Zach Abrams, CEO of Bridge (acquired by Stripe), unveils Open Issuance, a platform designed to let any company launch its own stablecoin. He explains why the stablecoin duopoly is ending, why fragmentation won’t slow adoption, and how stablecoins could pair with AI to reshape global money movement.

Then, Kenny Li, co-founder of Manta Network, joins to reveal why Manta is pivoting away from being just another L2. He argues that the scaling wars are oversaturated, that mercenary users make infra battles a fight for crumbs, and that the real prize is at the application layer.

Thank you to our sponsors!

• Mantle

• Aptos

  
  

Guests:

• Zach Abrams, Co-Founder and CEO of Bridge

• Kenny Li, Co-Founder and Core Contributor of Manta Network

Links:

• Unchained: 

• How New Stablecoin Startup Bridge Got Acquired by Stripe for $1.1B

• MetaMask Stablecoin mUSD Goes Live

• Why JPMorgan and Shopify Are Rolling Out New Products on Ethereum Layer 2 Base

• Tempo Launch Announcement: The Blockchain Designed for Payments

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