#StablecoinInfraRace

About StablecoinInfraRace

On May 27, three stablecoin milestones landed in one day. Cash App rolls out USDC to nearly 60M users. Mastercard secured a NY BitLicense (fewer than 50 licensed entities) after its $1.8B BVNK buy. Falcon Finance and Anchorage Digital Bank launched fUSD under the GENIUS Act framework with Deloitte monthly audits and ~3% yield for institutions. Three layers covered: consumer access, payment rails, institutional assets. The race shifted from "who issues" to "whose infra runs deepest into TradFi."