Colin Butler

EVP - Global Financing and Capital Markets @MegaMatrixMPU - a stablecoin DAT company

[Colin Butler @RealCryptoColin]

However bad market sentiment is, stablecoins are still a ~$300B market today.

There’s a credible path to $3T over the next 4–5 years.

That’s one of the clearest secular growth stories in global finance, and equity investors have almost no way to underwrite it. Today, there’s effectively one pure play.

@MegaMatrixMPU is designed to provide another. More soon.

Thanks to @legendsnleaders for having me on.

[Stabledash @stabledash]

We asked @RealCryptoColin from @MegaMatrixMPU to break down stablecoin Digital Asset Treasuries (DATs) for dummies:

"Where the real value from a publicly traded company comes from is the ability to use the volatility to accumulate more governance tokens per share. And then staking or putting some of these tokens into DeFi in such a way that garners extra yield."

"If this works, it's literally the best investment in the entire stock market. Is an Nvidia gonna be a 5X from here? Nvidia was a $5 trillion company. $5 trillion is not gonna be a 5X."

"There's hidden gems within stablecoins and that field itself is less picked over. For investors that really know that space, it's a sweet spot where you can garner excess returns likely over the next five to ten years."

[Colin Butler @RealCryptoColin]

I sat down with @YahooFinance to talk about it: https://t.co/0z2JctZeKO

[Colin Butler @RealCryptoColin]

Regulation is supposed to create clarity.

Somehow now, it’s doing the opposite.

The latest draft of the Clarity Act reportedly restricts stablecoin rewards, the core mechanism that has driven adoption and made digital dollars competitive globally.

Immediate reaction from the markets, Circle down ~20%.

More interesting though isn’t the price action.

It’s the contradiction.

Banks are pushing back on stablecoin yields because they threaten deposits — which sure yeah is totally rational.

Yet those same institutions have already spent years and billions building digital asset infrastructure. That they still can’t deploy.

Why?

Because no one can tell them what stablecoins actually are.

So we end up in a stalemate:
• Crypto can’t offer competitive products
• Banks can’t ship their own
• Capital sits on the sidelines

Everyone is “protected,” and nothing is growing.

The risk isn’t that stablecoins move too fast.

It’s that the U.S. moves too slowly while the rest of the world standardizes around programmable dollars and the US against all odds loses why had once seemed to be an insurmountable lead.

If stablecoins are going to be part of the financial system, and the will be, they need to be treated like one — not selectively constrained where they’re most competitive.

Otherwise, we’re punting on dollar dominance and a generational head start.

[Colin Butler @RealCryptoColin]

Clarity or no clarity, people will seek stablecoin yields.

The question that remains is if it’s in synthetic stables or compliant stables.

Whether this value stays onshore or goes offshore, that’s the decision regulators face.

[Stabledash @stabledash]

The GENIUS Act is unambiguously good for the stablecoin industry. But it's creating a bifurcated effect.

@RealCryptoColin, EVP Capital Markets at @MegaMatrixMPU:

"There will be a track where you get GENIUS Act compliant stablecoins produced by State Street and JPMorgan. It gives investors extra speed, on-chain yield, a way to use these tokens as collateral that you couldn't really use before." That's probably where the majority of the $10 trillion lands.

"The other track is moving yield away from the compliance sources." Synthetic dollars like @Ethena that fall outside of GENIUS Act regulation entirely.

"The regulation will push people that seek those high yields to the synthetic dollar version."

[Colin Butler @RealCryptoColin]

Excited to chat everything stablecoins, growth, revenue, and investment access with @stabledash today.

Live in the next half hour 🫡

[Stabledash @stabledash]

Today's lineup, Live at 12pm EST / 9am PST

- The Daily Yield, Industry News

- @AlexWilsonTGB, Co-Founder & Co-CEO @Cyclops_inc

- Davis Hart, Founder & CEO Omnia Financial

- @RealCryptoColin, EVP Capital Markets, @MegaMatrixMPU

- @0xPolygon Labs payments team

[Colin Butler @RealCryptoColin]

More on this with @fintech_weekly: https://t.co/IsVxsRDtQG

[Colin Butler @RealCryptoColin]

$500B could leave U.S. bank deposits by 2028.

Not for risky trading, or anything risky for that matter. For payments.

Stablecoins are becoming everyday money.

And why not, when consumers can:
• Earn ~3–4% on dollar balances
• Settle instantly
• Spend anywhere Visa/Mastercard work

The real threat to banks is stablecoins replacing checking accounts. And consumers having the benefits of their own deposits. That’s literally only scary to one group, the one that makes money on your deposits currently.

Anyway, stablecoins to $10T, and @MegaMatrixMPU to give you access to this growth story.

[Colin Butler @RealCryptoColin]

Markets are getting smoked.

Yet stablecoins sit at $300B+ after 10x growth in a few years. Digital dollars will never stop being useful.

If you believe that number keeps climbing, how do you invest in it?

Right now the only answer is $CRCL

There should be more than one answer.

That’s the problem @MegaMatrixMPU is solving.

Thanks to @legendsnleaders for having me on.

[Colin Butler @RealCryptoColin]

Stablecoin yield bans are SPECIFICALLY designed to protect bank profits.

NOT consumer protections.

They will push capital offshore into higher risk protocols. There’s no consumer protection about it.

Got the chance to talk with @LorenaNessi about this. Have a read:

[CCN - Crypto Citizens Network @CCNCitizens]

🏛️ Lawmakers call #stablecoin yield bans “consumer protection.”

Colin Butler (@RealCryptoColin), EVP, Capital Markets & Head of Global Financing at @MegaMatrixMPU, argues the real impact could be capital flowing into synthetic dollars and offshore structures.

Full CCN interview ⬇️ 📙
https://t.co/E8Dhoym8fz

[Colin Butler @RealCryptoColin]

More here: https://t.co/wjstng62gY

[Colin Butler @RealCryptoColin]

Yield bans on compliant stablecoins don’t eliminate risk.

They just reallocate it.

As I shared with @Cointelegraph, there will ALWAYS be demand for dollar yield.

If regulated, transparent stablecoins are prevented from offering it, capital doesn’t stop — it just moves offshore or into synthetic structures that sit outside the U.S. regulatory perimeter.

@MegaMatrixMPU is structured to gain exposure to stablecoin growth either way.

But from a systemic perspective, this outcome doesn’t strengthen the financial system.

It sidelines compliant institutions and concentrates activity in less transparent venues.

The real question for policymakers is where yield is allowed to live: inside auditable, regulated frameworks — or outside them entirely.

[Colin Butler @RealCryptoColin]

Talked about this with @iproup https://t.co/dbRcdbOSlE

[Colin Butler @RealCryptoColin]

If Congress strangles the yields of regulated stablecoins, the demand for yield won’t disappear.

There’s no bill that “kills” a generational product.

The demand simply shifts.

If regulated rails can’t offer yield, synthetic dollars like Ethena’s USDe come back into focus — dollar exposure engineered through market structure, not banking.

@MegaMatrixMPU is positioned either way.

[Colin Butler @RealCryptoColin]

Stablecoins are now systemically important infrastructure.

This thesis is central to how we think about the future at @MegaMatrixMPU.

We believe stablecoins will define the next decade of global finance.

I wrote about it here with @cryptodotnews https://t.co/0TsscdHrgJ

[Colin Butler @RealCryptoColin]

Got to speak with @BloombergJapan about a turbulent year across the DAT landscape.

As 2025 winds down, it’s clear that much of this volatility was actually constructive.

It exposed ad hoc marketing experiments, and gave room for durable models.

Looking ahead to 2026, focus will increasingly shift toward sustainability, cash-flow discipline, and execution.

Bullish DAT 2.0
Bullish 2026

https://t.co/onGx3oXohk

[Colin Butler @RealCryptoColin]

The question isn’t whether stablecoins reach $10T.

The question is: who captures the value?

That’s a question @MegaMatrixMPU is answering.

[Colin Butler @RealCryptoColin]

Cross-border payments
Emerging-market savings
Corporate treasuries
Money markets
RWAs
Derivatives
Reserves

$7–$10T in future stablecoin demand.

DATs are only bearish if they are focused on the wrong things.

@MegaMatrixMPU is focused on stablecoin growth.

Happy Friday.

[Colin Butler @RealCryptoColin]

Perps are bullish for stablecoins. And that makes perps bullish for @MegaMatrixMPU.

Perp volume just hit $1T+. Hyperliquid and other venues run almost entirely on stablecoin collateral.

As institutional capital enters DeFi, stablecoin collateral demand could surge to $500B–$1T across trading, lending, and liquidity.

Mega Matrix is the public-markets gateway to that trend.

Keep trading, friends.

[Colin Butler @RealCryptoColin]

I keep beating the stablecoin drum because it sits at the center of both worlds I’ve spent my career in.

A transformative model for global finance built on blockchain rails.

A real, cash-flowing business with clear economic fundamentals.

A tradfi x defi collab with growth — and @MegaMatrixMPU is bringing this opportunity to public markets.