Discoveries
America’s Banks Are Building a Shared Rail for Tokenized Deposits
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Discoveries · Programmable Money The next institutional form of onchain dollars may not look like a stablecoin at all. The Clearing House is building a
Ecosystems
Arc Is Live: Circle Is Testing a Different Kind of Layer 1
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Discovery Brief Crypto does not have a shortage of Layer 1 blockchains. That is precisely why Arc is worth examining. Circle opened Arc’
Ecosystems
Circle Just Launched Arc. The More Interesting Question Is What Stablecoin-Native Chains Become
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Infrastructure · Discovery Circle spent years making USDC portable across other people’s blockchains. Now it has launched a blockchain of its own.
Ecosystems
Inside Arc: The New Blockchain Ecosystem Built Around Stablecoins
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Ecosystem Discovery · September 17, 2026 Circle’s Arc mainnet is now live. Its more consequential proposition is not simply faster settlement, but an ecosystem
People
The People Building Crypto’s New Payment Layer
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People to discover · Stablecoin infrastructure The most revealing people in crypto payments are no longer trying to persuade consumers to “pay with crypto.
Deep Dives
Stellar Is Testing a New Middle Ground Between Public Ledgers and Private Payments
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Research / Privacy The crypto industry has spent years treating transparency and privacy as opposing choices. A recent set of experiments on Stellar is
Discoveries
Why U.S. Bank’s USBDC Pilot Is More Interesting Than Another Stablecoin Launch
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Payments & Stablecoins / Discovery On September 9, 2026, U.S. Bank said it had completed a live cross-border payment using USBDC, its proprietary dollar-backed
Trends
Stablecoins Are Becoming Payment Networks, Not Just Tokens
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Payments & Stablecoins · Discovery Stablecoin payments are entering a less visible but more consequential phase. The important question is no longer
Trends
x402 Is Turning the Web Request Into a Payment Rail
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The most interesting crypto payment product of 2026 may not look like a wallet, card or checkout page. It may look like an ordinary web request that briefly