According to @jessepollak, every country deserves their currency onchain, as stated in an X post on Nov 26, 2025; this positions national fiat on blockchain as a strategic priority for market infrastructure. Source: https://twitter.com/jessepollak/status/1993831305780584519 This stance aligns with documented momentum in central bank digital currency work and tokenized fiat initiatives across central banks, indicating growing institutional support for fiat on-chain rails. Source: Bank for International Settlements, 2023 CBDC survey https://www.bis.org/publ/bppdf/bispap136.pdf For traders, stablecoins function as core settlement assets in crypto markets, so policy moves and new issuances around fiat-on-chain rails can directly influence liquidity in stablecoin-quoted pairs and the development of local-currency on-chain FX markets. Source: Financial Stability Board, High-level recommendations for global stablecoin arrangements (2023) https://www.fsb.org/2023/07/high-level-recommendations-for-the-regulation-supervision-and-oversight-of-global-stablecoin-arrangements/