CRYPTO IS GOING MAINSTREAM

Summary from the TLDR Crypto newsletter

Crypto is quietly integrating as a secure communication layer between applications rather than through dominant L1s like Ethereum or Solana. Stablecoins already process $9 trillion adjusted annual volume, rivaling Visa and PayPal by representing fiat balances on interoperable blockchain transport. Apps like PayPal and LINE Pay are operating as independent L2s posting ordered transactions to L1s using erasure coding, where each validator handles constant data loads regardless of scale. Monad excitement reflects outdated mental models, as fast finality became table stakes and developer lock-in to monolithic VMs contradicts a decade of experience showing easy EVM portability, while unified liquidity emerges from universal base layers enabling secure communication across chains rather than single blockchains attempting everything.