Onchain Foundation

⚡️ New report alert ⚡️ Stablecoins: The Most Lucrative Business Opportunity Onchain. Once a supporting actor, stablecoins now assume a central role on the global financial stage. Their annual transaction volumes pushed even Visa’s and Mastercard’s performance out of the spotlight. How did that happen? ➡️ Check out our report to explore: https://lnkd.in/d5u2Ti28 🤝 Meet the Stablecoins report partners and research contributors: Rune Christensen - Co-Founder, MakerDAO, now Sky Sky.money is a non-custodial platform for accessing Sky Protocol, featuring the USDS stablecoin, savings rates & rewards, while ensuring user control of assets. Eneko Knorr - Co-Founder and CEO, Stabolut Stabolut offers USB, a crypto-backed stablecoin pegged to the US dollar, operating independently of traditional banking systems. Cyrille Brière - Contributor, f(x) Protocol The f(x) Protocol splits yield-bearing tokens into stable assets (fETH, fxUSD) and volatile assets (xETH, xstETH). Users can manage risk and exposure to ETH. 🌟 Big thanks to the outstanding lineup of thought leaders, builders, and experts who shared their insights: Jessica Gaubert - Co-Founder and COO, Haraka Oyedeji Oluwoye - Co-Founder, Canza Finance Erwan Mismaque - Head of Onchain Finance, Lisk Patrick Hansen - Senior Director, EU Strategy & Policy, Circle Sanja Kon - VP of Partnerships & Business Development, Europe, Circle Jeremy Allaire, Co-Founder and CEO, Circle Paolo A. - CEO, Tether.io Martin de Rijke - Head of Growth, MAPLE FINANCE Christian Duffus - Co-Founder, Fonbnk. Last but certainly not least, huge congrats to the Onchain team on the new release! Michał Moneta, PhD, Leon Waidmann, Dr. Ananya Shrivastava, Amreen Khan, Ruth M. Trucks, Kade Almendinger, Veronica Kirin, Chris Braithwaite, Boris Agatić, Lucas De Melo, mba, Adewale Aloba, Arin Soleymani, Ashton Barger, Timothy Stevens. 👏🏻 #Stablecoins #Web3research

New: Remote partnered with Stripe to enable $USDC payments for global contractors. ⚡️ We see how institutions are driving stablecoin adoption, transforming payroll, cross-border payments, and treasury operations. Despite regulatory hurdles, stablecoins are reshaping finance. Discover how PayPal and J.P. Morgan are leveraging stablecoins to drive this transformation. ➡️ Explore more real-world stablecoin examples in our latest article: https://lnkd.in/dhpWWBJ9 Onchain author: Dr. Ananya Shrivastava. #Stablecoins

It’s pudgy season 🐧 The Pudgy Penguins token PENGU went live on Solana yesterday, offering $1.5 billion worth of tokens to NFT holders, traders, and beyond. Luca S., the CEO of Pudgy Penguins: '+250,000 new community members and counting.' Crypto Twitter is buzzing! Great to have this energy back ⚡️

What a way to close out 2024 with ‘Stables, Trends & Cheers’ in London last week! 🎉 A huge thanks to CryptoMondays London for co-hosting this event alongside Onchain Foundation. I really enjoyed seeing the London community again and introducing them to Onchain over some mulled wine + charcuterie 🍷 I had the pleasure of hosting a panel on 2024 Web3 trends & what’s ahead for 2025 which kept the audience in their seats until the very end. I wanted to share a few insights here: 1️⃣ Institutional & Financial Services According to Lex Sokolin, Web3 isn’t about selling cost savings to banks—it’s about leapfrogging institutions with better infrastructure that they’ll eventually adopt. Meanwhile, Rita Martins highlighted how Bitcoin ETFs are changing the conversation, but real adoption depends on solving problems for obsessed customers. 2️⃣ AI & UX in Web3 Robby Yung sees AI as the key to fixing crypto UX—soon, a chatbot will handle your onchain transactions seamlessly. Wasim Ahmad added that AI agents will rely on Web3 systems to transact and manage small amounts of value, further intertwining the two technologies. 3️⃣ Gaming & Consumer Adoption Web3-native publishers & ecosystems like TON have the edge here, as Robby pointed out—digital property rights drive value, and tokenization creates a natural flywheel. But as he emphasized, you can’t abstract the blockchain completely; people need to understand the value of ownership to fully embrace Web3. 4️⃣ Real-World Assets & Emerging Use Cases Wasim highlighted the potential of DePIN, DeSci, and RWA tokenization to unlock untapped value and bridge TradFi with Web3. From real-world items to luxury goods, new markets are emerging—and we’ve only scratched the surface. 5️⃣ Entrepreneurship & Resilience 2025 will reward builders who stay resilient and creative. Lex reminded us that entrepreneurship is about surviving the bumps: “When you lose 80% of your investment in 6 months—don’t give up.” Shoutout to Michał Moneta, PhD for the brilliant Stablecoins presentation, Arin Soleymani for holding it down per usual, and of course my amazing panelists for making the conversation effortless & insightful. Stay tuned for Onchain’s 2025 Web3 Predictions Report launching January 7th—it’s going to be packed with even more alpha for the year ahead 🚀

🔊 Calling all Web3 founders: your insights are needed! Your knowledge and experience can help us (and others) develop better Web3 products. ➡️ Tell us about the biggest challenges you face while scaling and the tools or insights you rely on. All it takes is a short 15–20 minute interview with one of our researchers. 🎁 As a thank you, we’d love to offer you one Onchain Research Report of your choice for free: https://lnkd.in/duq5gjXj Click here to schedule a call: https://lnkd.in/dgvysbsj Our Ashton Barger, Ruth M. Trucks, Dr. Ananya Shrivastava, and Maria Chernysheva are looking forward to hearing from you! #Web3founder #Web3research #onchain

Latin America is like a promised land for stablecoins 🌎 Based on our research, there are three main reasons for that: - LATAM folks look for an inflation hedge - high inflation rates in countries like Argentina make local currencies unsuitable for preserving wealth. Hence, such nations have increasingly turned to stablecoins to preserve the purchasing power of their savings.  - LATAM folks look for risky investments - based on a survey done on more than 1,400 participants, it’s emerging, not developed economies who use stablecoins for trading & investments more often.  - LATAM folks look for exposure to the US Dollar - USDT and USDC often serve as the only way for unbanked Latin Americans to record a few (or way more, actually) precious bucks in their wallets. ➡️ You’ll find more insights on this topic (as well as entrepreneurial recommendations on how to capitalize on them) in chapter 4 of the latest report by Onchain Foundation: https://lnkd.in/dFKSuESr

🧵 Institutional investors are flooding into crypto ETFs, quantum computing is igniting a debate over Bitcoin’s security, and U.S. politics shows strong pro-crypto momentum. Catch up on the latest crypto news in our recap.

What are the fundamental use cases of stablecoins? For our latest research report, Ashton Barger spoke with Rune Christensen, Co-Founder of MakerDAO (now Sky). Check out this snippet to discover two key use cases for stablecoins. 👇🏻

What can be exciting about cryptocurrencies that are always worth $1? Well, quite a few things: • They became the lifeline in many emerging economies where inflation was skyrocketing (Nigeria, Argentina, Turkey).  • They serve as an extremely efficient way of making affordable, efficient cross-border transactions. • They offer business models that enable their issuers to beat profits of… Blackrock.  • They’re so “boring” that such dull TradFi companies as JP Morgan or BBVA decided to implement them full-scale. Stablecoins – because that’s what this entire pronoun-packed post is about – are actually one of the best (or actually, by far the best?) Web3 use cases the world has ever seen. So, we’re more than thrilled that we've just published a fresh, insights-packed report exactly on this topic. With Sky Ecosystem (Rune Christensen 👋), Stabolut (Eneko Knorr 👋), and f(x) Protocol (Cyrille Brière) collaborating with us. ➡️ Check it out at: https://lnkd.in/dFKSuESr *** Huge congrats to Leon Waidmann, his Research Team, and all the people involved in designing, editing, and uploading the report. It’s always so rewarding for all of us at Onchain Foundation to see all these insights and findings in such a nice format! Ruth M. Trucks, Dr. Ananya Shrivastava, Ambreen Khral, Veronica Kirin, Boris Agatić, Ashton Barger, Arin Soleymani, Lucas De Melo, mba, Adewale Aloba, Kade Almendinger, Chris, and Tim!

🔎 We advocate for transparency in Web3 and share our Financial Updates every month. The November 2024 report is now live. Get the full breakdown of our assets here: https://lnkd.in/dkRpUfrk