Cash → Chain Istanbul

A recent report labeled "The Relentless Rise of Stablecoins" starts with a striking message: stablecoins have processed transaction volumes surpassing $11 trillion, nearly outstripping Visa. The statistic begs the question – how did stablecoins develop such incredible PMF so sneakily? Last month, we visited Istanbul in Turkey, one of the hubs of stablecoin activity. We adventured to a number of crypto exchange shops and had many surprising conversations that gave us a ground-level view of how stablecoins like USDT have found strong adoption in places where traditional banking systems have faltered. Zooming out from the “crypto twitter” playground and Ethereum’s noisy surface of speculation, stablecoins and crypto are already having an outsized impact in the developing world, and in this blog post, we’ll document our adventures and learnings for what we saw as Real World Ethereum – grounded in reality and driven by necessity. The first crypto exchange we stepped into was hidden behind a

A recent report labeled "The Relentless Rise of Stablecoins" starts with a striking message: stablecoins have processed transaction volumes surpassing $11 trillion, nearly outstripping Visa. The statistic begs the question – how did stablecoins develop such incredible PMF so sneakily? Last month, we visited Istanbul in Turkey, one of the hubs of stablecoin activity. We adventured to a number of crypto exchange shops and had many surprising conversations that gave us a ground-level view of how stablecoins like USDT have found strong adoption in places where traditional banking systems have falt