STABLECOIN INFRASTRUCTURE WARS

Summary from the TLDR Crypto newsletter

A new class of stablecoin-native blockchains (Plasma, Arc, 1Money, Stable, Codex, and Monad) is emerging to capture global payments as stablecoins head toward a projected $3.7T market cap by 2030. These chains are built for real-world needs like instant finality, gas-free or stablecoin-denominated fees, compliant confidential transactions, and cross-chain interoperability. Rankings from Stablewatch and Castle Labs place Plasma (USDT-backed Bitcoin bridge) at the top, followed by Arc (Circle's USDC chain). Monad and Codex target performance and compliance niches. The race could determine the core infrastructure for onchain money movement in the digital age.