The Rise of Stablecoins: A New Monetary Order is Forming

This Week’s Highlight

As mentioned earlier this week, my friend Mufti Faraz Adam launched his Crypto Shariah Series, a deep, principled framework worth following closely. In the first episode, he unpacks how digital assets should be classified in Shariah, what defines “money” vs utility tokens, and how to screen them rigorously.

That alone would be headline-worthy. But behind the scenes, we've also been watching the stablecoin infrastructure space with a discerning eye.

Yes, we see the risks.
Yes, we are not following trends blindly.
We’ve done the homework, mapped the danger zones, and identified an opportunity we believe in.

Yes, Risks Exist, We’re Not Naive

Recently, certain threads, including community Discord and Substack discussions, highlighted vulnerabilities and structural concerns around stablecoins, especially Tether. Questions like:

• What happens during de-pegging pressures?

• Are the reserves fully audited?

• How transparent is the issuer?

• What about centralized control and black-box mechanics?

We monitor all of that.

That’s why we move slowly. That’s why we believe in models, not hype.

Which brings us to why this new token stood out.

Why it Caught Our Attention

While most stablecoins mimic general-purpose blockchains, this new token is being built as a purpose-driven, stablecoin-native infrastructure, optimized specifically for dollar liquidity, scale, and payments.

What makes it special:

• A clean architectural design: scalable, low-cost, and focused

• Transparent reserve mechanics and auditability

• Integrated payment rails: wallet, cards, and real-world settlement

• Focus on emerging markets where stablecoins’ utility is highest

In short, this project is positioning itself as a credible competitor to the dominates, with a design and intention that align better with Shariah principles of clarity, trust, and usability.

That doesn’t mean it’s perfect or risk-free, but it’s one of the few I trust enough to integrate as a core infrastructure allocation in this cycle.

Stablecoins: The New Monetary Bedrock

Cast the big picture:

• Stablecoins backed by Treasuries = digital dollar of the blockchain era

• They act as rails for global payments, tokenized assets, DeFi, remittances

• As supply scales (from billions to trillions), they will underpin finance itself

The real alpha will come not from holding stablecoin tokens, but from owning the infrastructure that facilitates them.

That’s where blockchains, custodians, oracles, and payment networks capture real value.

How This Fits into Our Strategy

• We remain cautious, not credulous

• We monitor stress events, peg deviations, and reserve transparency

• We allocate a small, thoughtful position to this new token

• We keep liquidity ready for rotation or hedging

• We hold to long-term conviction, not short-term noise

Want In on the Inside?

Premium members get:

• My full allocation thesis (entry, size, exit)

• Access to the Halal Crypto Screener beta

• Live charts & risk models

• Q&A sessions as more stablecoin infrastructure unfolds

This is more than a newsletter. It’s map + method + community in the Exponential Age.

Invite Your Friends

If you enjoyed this issue, forward it to someone who’s asking if “Bitcoin is halal”, they’ll thank you later:

Don’t watch from the sidelines, build inside the story.

Rooted Values. Radical Infrastructure.

Or go all-in with full access to both Crypto & Equity Premium Subscription for the price of one rally missed:

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Stay smart. Stay liquid. Stay focused,
Saâd
from Swiss Islamic Finance