Core VC’s David Roos on Stablecoin Adoption: Only Major Brands Need Apply
David Roos of Core VC remains bullish on stablecoin innovation, citing growing institutional interest. Bitwise data corroborates this optimism, reflecting broader market validation. "This is an innovation that really has legs," Roos remarked, highlighting Conduit, a portfolio company specializing in stablecoin infrastructure.
The discussion turned to the feasibility of widespread stablecoin issuance. Roos dismissed the notion of a Zelle-like consortium dominating the space, instead predicting a select dozen issuances led by Fortune 500 companies. "Not every firm has the brand power to launch a stablecoin," he noted, pointing to Walmart and Amazon as examples of corporations exploring closed-loop payment systems to bypass traditional interchange fees.
