Treasury's Tycho Onnasch discusses stablecoin infrastructure on X
Summary
This Thursday, Tycho Onnasch will engage in a discussion with Marco Argentieri about the underlying infrastructure necessary for building stablecoins on Bitcoin, emphasizing the critical role of scaling solutions, such as virtual UTXOs, in determining how effectively these assets can expand. The conversation highlights the growing recognition that successful stablecoin implementation goes beyond Bitcoin's base layer, focusing instead on off-chain execution environments that enhance programmability while maintaining security and self-custody.
Analysis
Tycho Onnasch: Tycho Onnasch is a Bitcoin ecosystem builder and co-founder of Zest Protocol, with a focus on turning Bitcoin into productive capital through yield generation and lending mechanisms. He serves as Head of Bitcoin Strategy at Treasury, contributing to euro-denominated Bitcoin treasury strategies and market analysis. In this news, he is the featured host discussing the practical requirements for building stablecoins on Bitcoin and the decisive role of supporting infrastructure. Marco Argentieri: Marco Argentieri is CEO and co-founder of Ark Labs, where he advances the Ark protocol as a virtual execution layer to enhance Bitcoin's scalability for native applications and payments. A Bitcoin developer since 2013, he has contributed to projects involving the Liquid Network, covenants, and Bitcoin-backed synthetic assets. In the context of this news, he provides expertise on why the underlying rails determine the scalability potential of stablecoins built on Bitcoin. Infrastructure Focus: Conversations on stablecoins on Bitcoin increasingly highlight that success depends on specialized scaling solutions like virtual UTXOs rather than the base layer alone. Bitcoin Programmability: Developers are actively building off-chain execution environments on Bitcoin to support programmable features needed for stablecoin use cases while preserving self-custody and security.
Categories
cryptodefi
Related sources
- https://x.com/i/status/2101938983529849280
- https://www.tandfonline.com/doi/full/10.1080/13563467.2026.2619676
- https://x.com/TychoOnnasch/status/2008536883111088503
- https://www.21shares.com/en-us/insights/off-the-block-podcast-bitcoin-from-the-pov-of-tycho-onnasch-from-zest-protocol
- https://www.lasestina.unimi.it/project/monete-digitali/
- https://btcprague.com/marco-argentieri-arkade-a-virtual-execution-layer-for-bitcoin-native-applications/
- https://atlas21.com/marco-argentieri-ark-will-make-lightning-more-efficient-its-not-a-competitor/
- https://www.bis.org/publications/aer-2025/next-generation-monetary-financial-system
- https://x.com/TychoOnnasch/highlights
- https://www.youtube.com/watch?v=hUex4lswJ-w
- https://www.youtube.com/watch?v=gj47SVOaNW4
- https://x.com/Treasury_BTC/status/1986025883078177211
- https://www.youtube.com/watch?v=frc55Kk0gmM
- https://btcprague.com/speakers/marco-argentieri/
- https://x.com/TychoOnnasch/status/2091496345760587989
- https://open.spotify.com/episode/1MgS071we45rcpTO5h02sS
- https://www.linkedin.com/posts/tychokoonnasch_why-build-a-bitcoin-treasury-company-because-activity-7372678014796652544-m_na
- https://creators.spotify.com/pod/profile/jbrownvisuals1/episodes/Europes-Bitcoin-Treasury-Company--DeFi-with-Tycho-Onnasch---Head-of-Bitcoin-Strategy-of-Treasury-e3alqh5
- https://www.buzzsprout.com/2356435/episodes/18010977-079-unlocking-bitcoin-s-potential-marco-argentieri-on-scaling-finance-with-ark-labs
- https://za.headtopics.com/news/off-the-block-podcast-bitcoin-from-the-pov-of-tycho-77200692
- https://blog.arklabs.xyz/the-case-against-payment-blockchains/
- https://x.com/TychoOnnasch/status/2088600344003789215