13 editions. Our first in NYC. The most institutional yet.
We have spent three years bringing leaders in stablecoins into the same room. New faces, same mission in 2026.
Special thanks to our Host, @CurveFinance, and everyone who made it.
What does it actually cost to acquire a stablecoin, move it, and convert it?
The blockchain leg costs cents. The real cost concentrates at the fiat boundary.
Stable School maps every cost a holder pays: network fees, exchange fees, spread, hidden costs, and the one that
"One of the beauties of tokenization is that the asset no longer depends on the rails. The rails are in the asset. Interoperability becomes an attribute of the asset, not the blockchain." — Otto Nino, @The_DTCC
Open USD was unveiled as a dollar stablecoin that competing payment networks, banks, fintechs, and crypto firms plan to operate and govern together.
Stable School maps the partners by function, tests the precedents, and lays out what remains unresolved:
When a protocol is hacked, outcomes depend on a few factors that recur across every incident: how fast a team can act, how clearly authority is assigned, and how carefully it communicates while funds are still moving.
The new Stable School article traces how that plays out: