Reeve Collins helped co-found Tether at a time when most people in mainstream finance were questioning whether stablecoins would ever matter.
Today he is incoming Chairman of ReserveOne and co-founder of STBL and WeFi
Looking at a market where JPMorgan, PayPal, and several sovereign governments are issuing their own stablecoins, Collins says the industry has cleared the debate it spent years having. “If anything, it is the strongest validation the industry could ask for,” he told TheStreet Roundtable in an exclusive interview. “Stablecoins are no longer an experiment. They are becoming a core layer of financial infrastructure.” The shift that changes everything Collins draws a clear line between what stablecoins were and what they are becoming. Early iterations digitized the dollar.
The next generation, he argues, will rethink how value moves through the entire financial system. “Money is becoming programmable,” he said. “It can move 24/7, settle in seconds, interact directly with software, and become part of an internet-native financial system.” Stablecoin transaction volumes now rival some of the largest payment networks in the world, a milestone Collins acknowledges but contextualizes carefully. “That’s an important milestone, but it’s only the beginning. The real transformation happens when businesses stop thinking about blockchain as a separate technology and start expecting money to move as seamlessly as information does today.” His focus at STBL is on separating the stability function of money from the economic value generated by underlying assets, giving users access to the benefits created by the assets they help bring on-chain rather than simply holding a digital dollar equivalent. On Bitcoin’s bear market Collins was direct when asked about Bitcoin’s current position, down over 40 percent from its all-time high, with sentiment at extreme fear and demand negative for over 200 consecutive days. “Market cycles are part of every emerging technology,” he…