Chiara M.

Chiara M.Aug 14, 2026

I've mapped the Custody (and non-custody) Ecosystem as of Q3 2026. 45 companies, 6 categories. Read below: → Non-custodial tooling → Wallet infrastructure → MPC platforms → Trust custodians → Chartered digital banks and bank-backed custodians Who am I missing? Kindly help building out this list by tagging the company in the comments! - ❇️ Thank you for following along. Liking, commenting, and sharing my posts helps me understand what's most valuable to you, so I can create more of the content that actually helps you. 📩 To work together on stablecoin content, strategy and adoption, reach out.

Chiara M.Aug 21, 2026

Together with Sumsub we mapped the 7 frameworks driving global stablecoin compliance in 2026. Here's what businesses need to know: (+ key points of failure) The five obligations that show up in every framework, regardless of jurisdiction: → Full 1:1 reserves, segregated from operating funds → Independent attestation on a fixed schedule → Redemption at par, inside a defined window → No yield paid to holders → A functioning AML program with Travel Rule compliance built into the transaction flow The recurring points of failure are: 1. Product design that precedes compliance assessment, frequently producing models that satisfy no major regime 2. Reliance on a single jurisdiction's authorization where currency-peg rules extend extraterritorial scope (the HKMA regulates HKD-pegged tokens issued anywhere) 3. Fiat and on-chain compliance operated as separate systems, producing inconsistent customer risk profiles and monitoring gaps 4. Reserve attestation treated as periodic reporting rather than continuous operational control 5. Counterparty risk assessed by transaction alone, without regard to whether the receiving entity is a licensed issuer or an unregulated platform Overall, sablecoins account for 36% of crypto transfer volume by transaction count, up from 31% in 2024. 83% of surveyed jurisdictions now have Travel Rule legislation in force, up from 73% a year prior. Hong Kong received 36 stablecoin issuer applications by its September 2025 deadline and 2 licenses have been granted to date. Full overview in the 2026 Stablecoin Compliance Report by Sumsub. Check out the link in the comments! - ❇️ Thank you for following along. Liking, commenting, and sharing my posts helps me understand what's most valuable to you, so I can create more of the content that actually helps you. 📩 To work together on stablecoin content, strategy and adoption, reach out.

Chiara M.Aug 18, 2026

What does it happen when you tap your card or make a purchase online? Does that change if you use stablecoins? It does, but not for you as a user. Let's get into it: For the user, it's simple. Yet, the deeper you go into the internal layers of how a card payment works, the more complicated it gets. When you tap your card or buy something online, a message instantly races from the store to its bank, through the card network, and straight to your card issuer to check your balance and screen for fraud. Approval takes 2seconds, but the actual money movement hasn't happened yet. At the end of the day, networks pool every purchase into a massive list of IOUs between banks. In the traditional system, actually moving that money relies on decades-old banking rails that close on weekends and holidays. This delay forces companies behind cards to lock up millions of dollars in idle cash just to guarantee payouts while waiting for banks to open. Going international makes it worse, requiring multiple local bank accounts and expensive currency conversions across borders. Using a stablecoin card changes none of this for the user. The transformation happens strictly in the background. PART 2 coming tomorrow, breaking down how Stablecoin Cards got adopted and the added benefits of using them within a card network system. Credits to Connor Dempsey and Rain team, read full article in the comments. - ❇️ Thank you for following along. Liking, commenting, and sharing my posts helps me understand what's most valuable to you, so I can create more of the content that actually helps you. 📩 To work together on stablecoin content, strategy and adoption, reach out.