The article critiques the prevailing notion that the speculative nature of the crypto market is beneficial for building financial infrastructure. It distinguishes between valuable innovations like Bitcoin and stablecoins and the destructive tendencies of speculative investments. The author argues that most of the crypto landscape is parasitic and undermines genuine advancements in financial technology.

IPOs are becoming less relevant as companies choose to remain private longer and explore tokenized equity models that offer greater flexibility and access to liquidity. This shift could democratize ownership, particularly for younger investors, while regulatory challenges remain a significant barrier to widespread adoption. The traditional IPO is being redefined as tokenized equity takes center stage in modern finance.

TRON DAO has announced that the circulating supply of Tether (USDT) on its blockchain has surpassed $70 billion, highlighting increased demand for its fast and cost-effective solutions. With over 302 million accounts and significant transaction volume, TRON is positioning itself as a key player in the stablecoin economy and aims to enhance financial accessibility globally.