2025 marked stablecoins’ shift from a crypto primitive to real financial infrastructure. Privy’s Max Segall, Circle’s Peter Schroder and Eco's Annika Lewis break down what drove the “stablecoin year”: Bridge’s momentum, Stripe’s acquisition, Privy joining forces with Stripe, and major enterprises finally engaging seriously. They highlight regulation as the key unlock (including the U.S. Genius Act and Canada’s draft stablecoin framework), the rise of stablechains, and Circle’s IPO. The big question for 2026: can stablecoins quietly power mainstream apps through seamless, abstracted payments?Stable Stories is an X Spaces series that explores the behind-the-scenes stories of builders pioneering the stablecoin industry.

Privy: https://www.privy.io/Circle: https://www.circle.com/Eco: https://eco.com/