Every generation gets a chance to upgrade its infrastructure. In the 1990s, it was the internet. Policymakers worried that it would disrupt existing industries and create new risks. But instead of cramming the technology into outdated regulatory boxes, lawmakers established rules that let innovation flourish while protecting consumers. The result was one of the greatest periods of economic growth in American history. Today, we face a similar opportunity with blockchain networks. Stablecoins are making payments faster and cheaper. Tokenization is modernizing capital markets. Both depend on blockchain infrastructure. ... (full story)