Five Questions About Money to Ponder in 2026: Andy Mukherjee

Stablecoins had their ChatGPT moment in 2025. Payment tokens that were until now used mostly by crypto traders are raring to go mainstream, and not just in the US, where they got regulatory blessing through the
Genius Act. Yet just because they’ve pulled ahead, it’s hard to conclude that these 1:1 representation of fiat currencies have won the race. In their quest to come up with the perfect money for the 21st century, market participants will grapple with at least five unanswered questions in 2026.

Are stablecoins the best possible money?

Perhaps not. The person receiving a payment instrument shouldn’t have to worry about what it’s ...