The intersection of crypto and macroeconomics research

Bitwyre’s Sovereign Desk: 2025 APAC Stablecoin Outlook Part II

Part II: Stability vs. Sovereignty & Local Stablecoins, Regulation, and Future Exciting Scenarios The dominance of USD-pegged stablecoins in APAC’s crypto ecosystem raises a pivotal strategic question for governments: How to embrace the benefits of stablecoins without ceding monetary sovereignty? As the graphic above starkly illustrates, as of mid-2025,

Bitwyre’s Sovereign Desk: 2025 APAC Stablecoin Outlook Part I

Part I: Stablecoins Surge Across APAC – Adoption and Use Cases Stablecoins have rapidly moved into the mainstream of finance in the Asia-Pacific (APAC) region. In the first half of 2025, the stablecoin market has soared to unprecedented levels, with a global supply reaching $225 billion by May 2025, up 41%

The Bitcoin Coup: Institutions’ Quiet Seize Of Control

An institutional-grade heist was completed in silence.

Atlas Shares: Creative Destruction in the Age of Radical Abundance

In 2100, megacorporations have evolved beyond mere business entities into sovereign powers that administer vast city-states. Traditional governments exist only as ceremonial vestiges, their functions entirely privatized and bid out to the highest corporate contractor. Every square meter of habitable land carries a real-time price tag, fluctuating based on algorithmic

The Stable Hegemony, Made in China: Digital Currency and The Next Front in the US–China Cold War

With digital dollars now underwriting US debt and slipping past the Great Wall, the next front in the US–China Cold War is being waged on-chain.

Wildcats Stayed a Century, Will Multiple Issuer Stablecoins Do the Same?

Under every great monetary experiment lies the same question: who do you trust when everyone’s printing money?

Market Microstructure Theory for Cryptocurrency Markets: A Short Analysis

Cryptocurrency market microstructure has evolved into a sophisticated ecosystem that combines traditional financial market principles with blockchain-specific innovations.

Unlocking the Future of Payments with Stablecoins: NFC Chips for Merchants and Biometric Payments

The Revolution in Your Pocket: How We Got Here

Stablecoins for Payments: Nonexistent Then All at Once

The once "idle collateral" Stablecoins now becoming the mainstream backbone of global payments in a quiet, rapid, and irreversible fashion. Here are key developments over the years.

Going Full Circle: On Top of The Coinbase

The IPO was loud. But Circle’s real challenge is quieter: turning held dollars into moving ones before the yield clock runs out.

A Modern Bearer Bond: Privacy-Preserving Stablecoins Backed by Treasury Instruments on Zero-Knowledge EVMs

Privacy-Preserving Stablecoins Backed by Treasury Instruments on Zero-Knowledge EVMs

Zero-Knowledge Proofs for High-Performance Centralized Derivatives Exchanges

A Cryptographic Framework for Verifiable Trade Settlement with Derivatives Support and FPGA Acceleration