Ethereum Dominates Stablecoin Economy, Platforms Capture Customer Relationships

The concept of settlement and economic capture is explored in a recent KuCoin publication titled 'From Trustshift, my next book. The Stablecoin Trust Stack.'

According to the source, settlement and economic capture are related but not identical concepts.

Ethereum is highlighted as hosting the deepest stablecoin economy, while platforms and issuers tend to capture most of the customer relationship and reserve income.