🚨 EXCLUSIVE: PAXOS LABS SAYS TECH WILL FIX STABLECOIN FRAGMENTATION BEFORE REGULATORS DO Paxos Labs co-founder Bhau Kotecha (@bhau___) told AlphaWire that stablecoin fragmentation is more likely to be solved by technology than global regulatory coordination. His view: the market will not have hundreds of dominant stablecoins, but a handful of globally accepted ones with a long tail for specific ecosystems. The real problem is moving between them. @paxoslabs is building Transit, a stablecoin conversion layer that went live on Robinhood Chain and moved nearly $30M in two weeks. Kotecha says tokenized assets only become useful when they are liquid, accessible, and easy to move between. “You can issue the token, but if it’s not liquid and accessible on chain, there’s not an ability for it to have utility.” The endgame: a deeper liquidity network across stablecoins, tokenized assets, and onchain markets.