Industry leaders including Circle, Stripe, and others are building custom blockchains to improve stablecoin and tokenized asset settlements, aiming for faster transactions, built-in compliance, and independence from Ethereum or TRON.
Circle, Stripe, Plasma, Stable, Securitize, Ondo Finance, and Dinari are developing proprietary blockchains to optimize stablecoin and tokenized asset settlement processes. These initiatives seek to enhance control, embed compliance features, integrate forex capabilities, and ensure predictable fees, reducing reliance on Ethereum and TRON. Sygnum Bank’s Martin Burgherr emphasized that control over settlement speed, interoperability, and regulatory coordination provides strategic advantages for issuers.