A Primer on Stablecoin Orchestration
Why stablecoin cross-border payments still cost about as much as the incumbents, tested against the US to Mexico corridor.
I am the founder of Anvesan, a company building regulatory intelligence and advisory infrastructure for the digital-asset industry. My work focuses on how governments are regulating stablecoins, crypto, tokenised assets, payments, and the businesses building around them. I started Anvesan because regulatory information is still fragmented across jurisdictions, buried in legislation and guidance, and difficult for companies to turn into practical decisions. My goal is to make the global regulatory landscape more structured, searchable, comparable, and actionable.
Today, I am building products and services that help companies understand where they can operate, what licences they need, what obligations apply to them, and how those requirements change over time. I am particularly interested in the intersection between regulation and market structure, and in how regulatory frameworks will determine which business models and financial infrastructure ultimately scale.
Research remains a major part of my work, but I am increasingly focused on turning that research into systems that people can use. Through Anvesan, I am working towards building the regulatory intelligence layer for the emerging digital financial system.
Why stablecoin cross-border payments still cost about as much as the incumbents, tested against the US to Mexico corridor.
Why the margin in card-linked stablecoin spend collects with whoever holds the Visa and Mastercard licences, not the consumer brands.
An introduction to Open USD, a consortium-led stablecoin with a unique yield-sharing structure.
An introduction to how stablecoin clearing works, framed around The Better Money Company's clearinghouse.
How incumbent banks are moving to seize the stablecoin business, absorb the innovation, and shut the gates on fintech.
How Polygon is building the first vertically integrated open money stack, from issuance down to distribution.
Why regulated institutions and central banks, not crypto-native players, are positioned to control onchain foreign exchange.
Why undercollateralized lending onchain keeps failing to beat the banks at their own game.
A March 2026 map of what is live in agentic payments and how the market is splitting between card-led checkout and machine-native rails.
A structured view of how consumer stablecoin markets are forming across spend, movement, and access infrastructure.
Tracking $10.7B across 157 funding events from 2024 to mid-2026, and why acquisitions now outweigh venture rounds.
Whether privacy-focused chains like Zcash can address the transparency problem at the center of stablecoin design.
The timeline and the obstacles between today's stablecoin usage and a broad replacement of fiat.
Why governments are moving to launch sovereign stablecoins and what it means for monetary control.
How stablecoin rails threaten to displace SWIFT as the backbone of cross-border payments.