Navigating the Stablecoin Landscape

This chapter explores the challenges of launching stablecoins, emphasizing the importance of establishing a solid product-market fit before introducing token incentives. It discusses the surge of interest in decentralized finance (DeFi) following a major launch phase, and how this affects strategies for traditional finance to engage with crypto. Additionally, the chapter highlights the Converge initiative designed to tokenize a variety of assets while addressing institutional concerns about infrastructure and compliance in the evolving DeFi space.