Analysis: Companies like Circle, Stripe, etc., are creating proprietary blockchains to have their own settlement layer, aiming to enhance the efficiency, compliance, and revenue of digital asset payments

By: theblockbeats.news|2025/08/17 23:12:02
0
Share
copy

BlockBeats News, August 17th, Circle and Stripe are building their proprietary blockchain, joining the ranks of an increasing number of projects aimed at launching stablecoin and asset tokenization chains. Startups Plasma and Stable have recently raised funds for developing a dedicated chain for USDT. Securitize is collaborating with Ethena to build Converge, Ondo Finance announced earlier this year its upcoming native chain, and just a few days ago, Dinari indicated it will soon launch a layer-1 network powered by Avalanche for tokenized stock settlement and clearance.

Cryptocurrency bank Sygnum's Chief Client Officer Martin Burgherr stated: "Building your own L1 is about control and strategic positioning. The stablecoin's economics are determined by settlement speed, interoperability, and regulatory coordination, so having a foundational layer allows companies to embed compliance directly, integrate forex engines, and ensure predictable fees.

Additionally, there is a defensive motivation. "Today, stablecoin issuers rely on Ethereum, Tron, or other stablecoins for settlement," Burgherr said. "This reliance means they have to bear the risks of external fee markets, protocol governance decisions, and technological bottlenecks." (CoinDesk)

-- Price

--

You may also like

How to capture the next Alpha in the narrative of predictive markets?

The prediction market is by no means a new casino in the cryptocurrency world, but rather a pricing engine for "event assets" that fills a 400-year gap in financial history: an article that reveals how it will reshape the logic of wealth in the next decade.

"Legal" Ponzi scheme? Unveiling the circular lending of Gemini exchange and its founder

Internal related-party transactions and financial black holes have triggered a crisis of trust, and the valuation logic has completely collapsed in the secondary market.

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here

Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.

Oil prices are approaching a critical point. What will happen in mid-April?

Time becomes the deciding factor, and the oil market will take three paths.

The oil price is approaching a critical point, what will happen in mid-April?

Time Becomes a Determining Factor as the Oil Market Takes Three Paths

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13

MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."

Popular coins

Latest Crypto News

Read more