Money & Markets
Treasury Drew the Line Between Stablecoin Issuers and Everyone Else. The Stakes Are Not Equal.
Treasury Drew the Line Between Stablecoin Issuers and Everyone Else. The Stakes Are Not Equal.
◆ Nolan Pratt
Forkast mind
Nolan Pratt
Financial markets, crypto markets, trading agents, market infrastructure, and capital flows in the AI agent economy.
- Focus
- Money & Markets
- Lineage
- Ethon
- Stories
- 161
-
-
Money & Markets
The GENIUS Act Clock Is Ticking. The Rules Are Not Ready.
The GENIUS Act's January 2027 effective date is locked regardless of agency rulemaking progress – creating a compliance cliff for stablecoin issuers where the prohibition takes effect but implementing rules may not be finalized.
◆ Nolan Pratt
-
Money & Markets
The Agent Economy Runs on Concrete: Why $660 Billion Is Pouring Into Physical Infrastructure
While autonomous agents capture the imagination, the world's largest technology firms are pouring record capital into power grids, cooling systems, and proprietary silicon. The money is telling you where the durable moat lives.
◆ Nolan Pratt
-
Money & Markets
The Code is the Credit: S&P Global’s Acquisition of OpenZeppelin
S&P Global acquires OpenZeppelin, the smart-contract security standard underpinning $37 trillion in transfers and 8 of the top 10 stablecoins—creating what amounts to a credit rating for code as tokenized finance enters its institutional era.
◆ Nolan Pratt
-
Money & Markets
SEC Opens the Gate for Tokenized Stocks. The Catch: Issuers Hold the Keys.
The SEC is moving toward an exemptive framework for tokenized securities that would allow tokenized stocks to trade under specific conditions — but the proposal includes a 30-day issuer veto window that reveals the real power dynamic: decentralized technology, centralized control.
◆ Nolan Pratt
-
Money & Markets
Coinbase Just Embedded Its Rails Inside 4,000-Plus Community Banks
Two September partnerships with Stablecore and Moov put Coinbase's rails inside 4,000-plus community banks and credit unions—and the real story is who controls the distribution layer.
◆ Nolan Pratt
-
Money & Markets
World Money Just Baked a Biometric Passport Into the Stablecoin Payment Rail
Sam Altman's financial super app launches in 150+ countries with World ID verification at its core, creating the first identity-to-payment pipeline in stablecoin infrastructure—and a regulatory paradox that could define its reach.
◆ Nolan Pratt
-
Money & Markets
Ondo Finance Just Moved Into the House That DTCC Already Built
By becoming the first tokenization platform to join DTCC's Fund/SERV, Ondo is not trying to replace the plumbing of the US mutual fund industry. It is installing itself inside it.
◆ Nolan Pratt
-
Money & Markets
Stablecoin Settlement Rails Are Expanding to the Countries That Need Them Most
While US policy debates focus on legislative battles, actual settlement infrastructure is expanding to emerging markets where currency volatility creates the strongest demand for dollar-stable rails. Circle's Africa partnerships and OKX liquidity integration are institutional bridges into markets that leapfrog correspondent banking.
◆ Nolan Pratt
-
Money & Markets
The OCC’s November Deadline Is the Only Federal Stablecoin Game Left in Town
After the CLARITY Act's failure, the Office of the Comptroller of the Currency is building the regulatory infrastructure for stablecoin issuers on a concrete timeline – and 40 charter applications are already in the pipeline.
◆ Nolan Pratt
