Originally published by Standard Chartered Global Research on October 30, 2025, by Geoff Kendrick, Global Head of Digital Assets Research. This primer contrasts centralized traditional finance with trustless, transparent DeFi and argues that the 2025 stablecoin boom has kicked off DeFi's disruption of TradFi in payments and savings.
Making Onchain Data Simple for Developers Blockchain data is often called “transparent,” yet anyone who’s tried to build onchain knows the irony—there are countless layers between developers and the data they need. Allium was founded four years ago to remove those barriers and make blockchain data truly accessible.
Allium’s onchain data was featured in a16z crypto’s latest State of Crypto 2025 report — highlighting key industry trends across stablecoins, bridging infrastructure, NFTs, and more. The report uses Allium data to illustrate how billions of dollars now flow between blockchains and how stablecoins have become a cornerstone of
DeFi’s “Little-Known Powerhouse” Enters the Institutional Conversation In a new Bloomberg feature titled “The Little-Known Crypto Powerhouse Behind Billions in Trading,” reporter Muyao Shen profiles Hyperliquid, the decentralized exchange that has rapidly become one of the largest venues for perpetual futures trading. The article examines Hyperliquid’s
Originally published on Yahoo Finance on October 16, 2025, by Sam Reynolds. Visa released a whitepaper proposing to become the infrastructure backbone for decentralized lending, rebranding it as "onchain finance." The company plans to supply data, compliance, and settlement systems connecting traditional financial institutions to programmable lending protocols,
Originally published in CoinDesk on October 16, 2025, by Sam Reynolds (edited by Oliver Knight). Visa released a whitepaper rebranding decentralized finance as "onchain finance" and positioning itself as the infrastructure backbone for institutional lending in the space. Rather than issuing tokens or funding loans directly, Visa aims
Originally published in Bloomberg on October 16, 2025. Bloomberg profiles Hyperliquid, the onchain derivatives exchange that has grown to handle billions of dollars in trading volume, examining how it operates and the outsized role it has come to play in crypto markets. Read the full article →
Originally published in Ledger Insights on October 16, 2025. Ledger Insights reviews Visa's report on stablecoin-based DeFi lending, noting how smart contracts enable automatic collateral liquidation and reduce counterparty risk versus traditional banking. The piece flags a tension in Visa's own framing: while positioning itself
Stablecoins are evolving from a payments tool into the foundation of onchain credit markets. In collaboration with Visa, Allium is excited to share our new whitepaper, “Stablecoins Beyond Payments: The Onchain Lending Opportunity.” The report explores how programmable, transparent, and global lending markets are emerging onchain powered by stablecoins. Read
Citigroup’s Institute for Global Perspectives & Solutions (GPS) released its September 2025 report, “Stablecoins 2030: Web3 to Wall Street,” marking one of the most comprehensive institutional analyses of on-chain money to date. The report underscores how stablecoins have evolved from crypto utilities to core components of global financial
Today, Allium was featured as one of Business Insider's 49 Most Promising Fintech Startups! It's a collection of startups that are building up the notion that money isn't a coin, currency, or credit card. That's form, not function, & its identity is
This article was originally published in Financial Columnist. You can find the original post on their website here." This article is adapted from a presentation delivered at the Federal Reserve Bank of New York in April, 2025, where Ethan Chan (CEO, Allium) shared insights on the state of on-