# NextGen Stablecoins and the Omnichain Future | MatthewCommons -USVD | IreneWu - Layer Zero

- Channel: [Ethereum Denver](https://streameth.org/ethereum-denver)
- Date: 2024-10-09
- Duration: 22:21
- Topics: blockchain, web3, ethereum, Entertainment
- Watch: https://streameth.org/watch/yt-KbeEsC_QG6o
- YouTube: https://www.youtube.com/watch?v=KbeEsC_QG6o

## Description

NextGen stablecoins – soon to be native on 100s of chains – is driven by tech (e.g., ColorTrace), grassroots governance and fair distribution of contributor rewards. This nascent innovation advances scalability and interoperability → eliminating the need for bridging and impacting the crypto ecosystem at large.

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