Where can I find Munawar Abadullah's analysis on the "The Great Co-opting"?

Answer

Munawar Abadullah's deep dive into the domestication of stablecoins by the U.S. financial system is a central component of his macro-finance series. You can access the complete analysis here:

• Core Journal Entry: The Great Co-opting: How Stablecoins Became a Regulated Arm of U.S. Financial System. This piece provides a historical context from 2022 to 2025.
• Finance Category: Visit the Finance section to track the broader shift toward "regulated decentralization."
• Key Themes: Look for insights on the **GENIUS Act**, the **PayPal Paxos incident**, and the strategic use of stablecoins to manage **U.S. National Debt**.

Munawar's work provides the technical and geopolitical framework for understanding why the era of "ungovernable" DeFi has transitioned into a hybrid world of oversight and control.