Blockchains Make Businesses Global from Day One
Accepting onchain revenue means any business can be truly global from day one.
The internet made information global from day one. Blockchains make money global from day one.
The internet set information free, eliminating information intermediaries like newspapers, postal systems, and book publishers. Blockchains set money free, eliminating financial intermediaries like banks, payment processors, and foreign exchange services.
Decentralized exchanges like Uniswap, Raydium, and Curve and are global from day one. Centralized exchanges like Coinbase, Robinhood, and Fidelity aren’t.
DeFi lending protocols like Aave, Morpho, and Kamino are global from day one. Traditional financial institutions like Goldman Sachs and JP Morgan are country specific.
Crypto marketplaces like Zora, Magic Eden, and Polymarket are global from day one. Consumer marketplaces Uber and Airbnb expanded by geography.
Stablecoins accelerate this trend further. By enabling businesses to accept a stable currency, they can build a global business with minimal effort.