February 27, 2026
This week:
A Very Stable Dash: 5k run + coffee the morning of A Very Stable Conference in San Francisco on March 5. Gold, Silver, and Bronze prizes from KAST. Register now.
Stableminded S7.4: "The Next-Gen PSP Built Entirely on Stablecoins" featuring Daniel Lev, Coinflow. Watch now
Breakpoint 2025: Solstice and Galaxy interviews now live
New on Stabledash: "Why Traditional Bankers Can't Build What Crypto Natives Are Abandoning".
Stabledash Live: Ten guests across two shows — Wirex, Erebor, HIFI, Shift4, Altitude, Brale and more.
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A Very Stable Dash at AVSC
Next week we're in San Francisco for A Very Stable Conference on March 5. We'll be recording Stabledash Live on-site and doing interviews all day.
And that morning, we're hosting the inaugural Stable Dash: a 3-mile run along the piers of downtown SF with coffee to follow at Blue Bottle.
All paces welcome. You don't need to be fast, but if you are, there are prizes.
KAST Gold Card
Gold: KAST Gold Card ($10k value)
Silver: KAST Founder's Card ($5k value)
Bronze: KAST Bitcoin Black Card ($1k value)
You do not need a ticket to A Very Stable Conference to attend.
What to Watch
Daniel Lev sold a gaming company right after FTX collapsed, saw how broken merchant settlement was firsthand, and built the only payments platform that settles merchants instantly via stablecoins while indemnifying them from all fraud liability.
Three years and a $25M Series A from Pantera later, Coinflow is the stack that legacy PSPs call when their customers want stablecoin settlement.
The episode gets into why combining payments processing, fraud detection, and stablecoin settlement into one vertical is so hard to replicate, and what card-present stablecoin settlement looks like heading into 2026.
Breakpoint Interviews
Thomas Cowan, Head of Tokenization at Galaxy, on why stablecoins backed by treasuries carry a fundamentally different risk profile than bank deposits.
Thomas also breaks down Galaxy's tokenization work with State Street and why he thinks retail CBDCs won't scale.
Ben Nadareski, Founder of Solstice, was running a delta neutral strategy at quarter-billion scale before making it public. The result: USX, a synthetic stablecoin on Solana delivering 15% returns with a Sharpe ratio around 7.
No token emissions. No looping strategies. Third-party attested returns and real-time proof of reserves.
This Week’s Top Story
Kenny Chan, Head of Stablecoin Ecosystem at Coinbase, on the talent arbitrage no one's talking about: crypto natives are leaving the industry just as TradFi professionals are flooding in.
Both sides have knowledge the other can't shortcut.
Kenny breaks down what that means for who wins the next cycle.
News Picks of the Week
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Wrap Up
Next week: Zach is solo hosting Stabledash Live on Tuesday, March 3.
Then on Thursday, March 5, we're live from A Very Stable Conference in San Francisco. We'd love to see you there.
And don't forget to register for the Stable Dash.
Until next time,
Stay stable
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