“The financial system had been so closed, like an intranet, no one could access it. No one could build on it. It’s not how the world works today. And the last vestiges of the pre-internet world are falling away here with the introduction of stablecoins.”

I love this quote from this article. It really sums up a common sentiment within the crypto ecosystem.

The old system is outdated. https://cointelegraph.com/news/paxos-ceo-charles-cascarilla-inverview-bitcoin-mena-2024