"Frederik Gregaard, head of the Cardano Foundation, highlighted that in an age when the current banking system has been revealed to be deeply politicized, blockchain has the opportunity to rise as a neutral, resilient, and transparent system to support global commerce."
"Gregaard assessed that while the correspondent banking system, which has served as the standard for international settlements, works, it has limits and must obey the powers that exert control over its jurisdictions. As a result, he stated that every treasury, institution, or nation must ask not only whether this system is compliant today, but whether it will be trustworthy or durable tomorrow after something changes."
"For Gregaard, this is a use case that will allow blockchain infrastructure to shine, as it introduces parallel rails governed by transparent rules, open standards, and deterministic execution rather than discretionary access. In this sense, we have already seen several attempts to use blockchain technology to overcome artificial market barriers, including economic sanctions."
"Showing impact, the A7A5 stablecoin moved $93B before the EU banned it in a November 2025 sanctions package. Moving past speculation, Gregaard notes blockchain should next build a resilient infrastructure for commerce."
The current banking system is described as politicized and dependent on geopolitical conflicts, with correspondent banking operating under limits that require compliance with controlling powers. Institutions, treasuries, and nations are urged to evaluate not only present compliance but also future trustworthiness and durability as conditions change. Blockchain is presented as a neutral alternative that can support global commerce through transparent rules, open standards, and deterministic execution rather than discretionary access. Examples are cited where stablecoin activity reached $93B before an EU sanctions ban in November 2025, illustrating blockchain’s ability to move past speculation. The next priority is building resilient infrastructure for commerce as blockchain enters formal finance.
Read at news.bitcoin.com
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