Crypto Long & Short:
60-second summary
Markets are breaking down due to capital being stuck in the wrong place, trapped by settlement cycles as risk reprices rapidly. LMAX Group's Jenna Wright argues that stablecoins and tokenization are becoming essential plumbing, allowing money to move as fast as the risk it supports, potentially resolving liquidity issues and stabilizing the market.
In this week's Crypto Long & Short, LMAX Group's Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong place, trapped by settlement cycles while risk reprices by the minute. She makes the case that stablecoins and tokenization are quietly becoming the plumbing that lets money move as fast as the risk it supports.