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The global economy is shifting—major economies are now actively exploring stablecoin-based financial systems. Initial rollouts are targeting smaller jurisdictions as pilot programs, allowing policymakers to stress-test infrastructure before wider adoption.
Recent announcements reveal that several island nations are pioneering "onchain national economies," fully integrating blockchain technology into their financial operations. This marks a significant pivot: governments are no longer dismissing crypto, they're architecting economic frameworks around it.
What does this mean? Traditional finance infrastructure is being reimagined. Stablecoins aren't just trader tokens anymore—they're becoming the backbone of nation-state monetary policy. The next phase of Web3 adoption isn't happening in Silicon Valley or crypto hubs; it's happening in government chambers, central banks, and international policy forums.
The question isn't whether onchain economies will happen. It's who captures this transition first.