Post by Circle

What does a 400-year-old bond from the Dutch East India Company have to do with stablecoins in 2026? More than you'd think. In the latest episode of the Builders Series, Sam S. sits down with Benedikt Schuppli, Co-Founder and Chief Innovation Officer of Obligate, to discuss why the financial infrastructure powering global debt markets is finally being built onchain. Benedikt breaks down the fully onchain EURC-denominated corporate bond issued by Keyrock without traditional banking rails. He also shares a 2024 example where a regulated fund manager was still physically mailing paper coupons to Luxembourg for bond payments. That's the problem Obligate is solving: institutional-grade debt capital markets, on public blockchain infrastructure, compliant and regulated under Swiss law. https://lnkd.in/grKJUa2c