This article discusses the transition of cryptocurrency from a speculative asset to a legitimate form of money and investment. It highlights the rise of stablecoins and tokenized assets, along with the growing integration of decentralized finance (DeFi) into traditional banking systems. The author draws parallels to the internet's early days, noting the potential for various blockchain applications.

The emergence of Fintech 3.0 is paving the way for a new financial system built on blockchain technology, characterized by instant payments, digital asset control, and regulatory clarity following the GENIUS Act. With the success of stablecoins and the potential for tokenization of various assets, there is a significant opportunity for startups to innovate and build onchain solutions. YC and Coinbase Ventures are eager to support and fund projects that leverage this evolving infrastructure.

Mastercard has introduced comprehensive capabilities for stablecoin transactions, partnering with companies like OKX and Nuvei to facilitate seamless payments from wallets to checkouts. This initiative aims to enhance the usability of stablecoins in everyday transactions, supporting both consumers and merchants in a rapidly evolving financial landscape.

SoFi is set to launch international remittances using blockchain and stablecoins, along with a relaunch of its crypto investing services, including Bitcoin and Ethereum trading. CEO Anthony Noto aims to expand the company's digital asset offerings in response to favorable regulatory changes following a suspension of these services in 2023.