XLM — Future Potential. Jake Claver in this recording: “The majority of the stablecoins that are going to be issued here in the US in the short term are going to be for interbank settlement and intercompany settlement.”
What this recording covers
Claver answers a question regarding the adoption timeline and technological roles of specific distributed ledger networks. He outlines a functional division between consumer merchant services, peer-to-peer transfers, and back-end institutional settlement. Enterprise consulting firms and major corporate technology platforms are building out infrastructure on Hyperledger, which Claver identifies as a primary framework for peer-to-peer transfers and digital wallet applications. He states that widespread peer-to-peer stablecoin usage will take several years to mature, with initial domestic issuance concentrating on interbank and intercompany settlement among large commercial enterprises acquiring money transmitter licenses. Claver discusses several named distributed ledger technologies and assets, distinguishing between consumer-facing transaction networks and protocols designed specifically for high-volume, wholesale institutional settlement.
Where this fits
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