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Independent Intelligence on the Private Wealth Industry
Thursday, September 10, 2026The Morning Brief →Sign in
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Oivind Lorentzen

In PWD coverage since September 10, 2026 · 1 story
PWD coverage
adoption

The stablecoin payout layer is a licensing business

Oak HC/FT is funding the unglamorous half of stablecoin payments — licences, audits and local scheme connections — while Circle pays nine times more in stock to buy the same capability outright.
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