Local stablecoins are essential for DeFi mass adoption as onchain FX becomes programmable, transparent, and ultra-efficient. Victor Cioffi argues 2026 marks the inflection point, where near-zero FX fees shift value to float yield, balance sheets, and local distribution—making local stablecoins the settlement layer for neobanks and onchain economies.

Local stablecoins are essential for DeFi mass adoption as onchain FX becomes programmable, transparent, and ultra-efficient. Victor Cioffi argues 2026 marks the inflection point, where near-zero FX fees shift value to float yield, balance sheets, and local distribution—making local stablecoins the settlement layer for neobanks and onchain economies.
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