The Rollup

Anton Astafiev says every chain is now choosing a post-quantum signature scheme, and for most of them that choice is permanent. Switching later could take years. He explains NEAR's account model was built to support multiple cryptographic schemes, so it can add new ones at any time. He says that's what it just did with DSA-65.

Some of the primitives first built for memecoins are now running tokenized equities. Nick Ducoff of Solana on why that early activity proved the network could handle real financial markets, and where the next wave of builders is coming from.

Dan Romero says a world full of stablecoins is good for the US dollar. "The US government is leaning into stablecoins. That's an opportunity for the country to have global digital dollar dominance." "A world where stablecoins proliferate is very good for the US dollar. The stablecoin they want to hold is a dollar-denominated stablecoin."

Why The Rollup exists, in Andy Cavanaugh's very own words: "We want to be a force for good and a contributor to the upheaval of these archaic systems." "The creation of a system that allows the power to return back to the people." "Returning power from sleazy bankers, greedy corporations, corrupt politicians and big government." "And returning that to the people."

The next wave of stablecoin products won't look like today's consumer cards. At TOKEN2049 DAS Asia, Frax Founder and CEO Sam Kazemian explained where he thinks the market is going. He sees FraxNet becoming a neobank app store. He says businesses want direct custody and credit on regulated stablecoins, not just Visa rails. He describes one KYC that carries across Aave, EtherFi, and more, so users never start from zero. And he lays out how FraxUSD's issuer relationships set Frax up to power wallets that work like agents, holding permissions once and moving across venues. Sam also shares his outlook for Q4. Full conversation below. https://lnkd.in/ewgaANQk #Stablecoins #Fintech #DigitalAssets #TOKEN2049

Grayscale Investments just launched a Zcash ETF, and Zcash holders can move their coins straight into it. Krista Lynch explains: "We just launched an ETF on Zcash." "We've been able to partner with authorized participants to open the doors to individual customers who want to put their tokens into the ETF." "Maxis who have Zcash lying around can now in-kind it into an institutional-grade solution."