---
title: Quadrillions Ep. 2 You’re Already Late
description: Institutional crypto adoption, stablecoins in treasuries and 24/7 Canton repo, wrapped-asset risks, fragmentation, and what to expect in 2026 OTC + onchain activity.
---

[Canton Network Blog ](https://www.canton.network/blog)

# [Quadrillions Ep. 2 You’re Already Late](https://www.canton.network/blog/youre-already-late)

 Written by [Canton](https://www.canton.network/blog/author/canton) | Dec 16, 2025 4:00:00 PM

In this episode, we cover institutional crypto adoption, stablecoins’ interplay with treasuries and 24/7 repo financing on Canton, the risks associated with wrapped assets and stablecoin fragmentation, and 2026 expectations for broader, client-driven OTC and onchain activity.

 

 

**Quadrillions** brings together the voices defining the next era of finance. From institutional rails to stablecoins and privacy, the series dives into how traditional markets, crypto innovation, and regulatory frameworks are converging to bring the full force of capital markets onchain.

Join hosts Jason Yanowitz, Yuval Rooz, and Eric Saraniecki for deep dives with special guests Shaul Kfir, Don Wilson, Mike Belshe, Justin Peterson, Acting Chair Caroline Pham, Eli Ben-Sasson, and more. Produced by [Blockworks](https://https//blockworks.co) and [Canton Network](https://www.canton.network/).

##### Listen on:

<https://podcasts.apple.com/us/podcast/quadrillions-youre-already-late-mike-belshe-justin/id1554930038?i=1000737410455> <https://open.spotify.com/episode/1aesOhrE4dWMGVZuV8qzwO?si=bae7fe7fc0e64965&nd=1&dlsi=a550b250224b4957> <https://www.youtube.com/watch?v=gby9LQ47Ffk&t=1s>

[View full post](https://www.canton.network/blog/youre-already-late)

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