Maghnus Mareneck, Co-CEO of Interchain Labs, the business arm of Cosmos, explains the importance of interoperability in Stablecoin payments.
Summary
- A large Japanese bank recently used Cosmos and ICB for its Stablecoin company
- Maghnus Mareneck explains the role of interoperable block chains for stablecoins
- Governments have tried to close us, but now it is impossible, he explains
As the adoption of the Stablecoin accelerates worldwide, more institutions investigate the launch of their own tokens. However, they quickly come across different dilemmas. One of the most important questions is always which blockchain to choose. According to Maghnus Mareneck, co-CEO of Interchain Labs, an increasing number of companies will choose to create their own chain.
In this area, interoperability is everything, explains Mareneck, pointing to the recent example in Japan. With $ 1.3 billion in stablecoins issued in the first half of 2025, there is a growing awareness of their use cases. On August 22, SMBC Group, one of the largest banks in Japan, worked together with various blockchain companies to use stablecoins in payments for securitysticks.
“Stablecoins are one of the most impactful usage scenarios for crypto, and companies are aware of it,” said Mareneck. “We get a panic from managers who ask us what this will do with their company, and how can they stay for it,” he added.
The new system will lower the reimbursements and increase the speed of settlement. At the same time, the programmable nature of blockchain eliminates the risk of counterparties. The partnership will make use of the IBC protocol and the Cosmos (Atom) pile of interoperability between multiple block chains.
Maybe you also like it: Cosmos -Developers complete the first IBC transaction with Ethereum Testnet
‘Every company will run its own Stablecoin’
With the interest in Stablecoins so high, it is only a matter of time before more and more companies are taking on stablecoins. Moreover, he believes that soon enough, every large company will have its own Layer-1 blockchain network, driven by its own stablecoin or token. These can be tokens that are comparable to Starbucks gift vouchers, all tradable in different networks.
“There is an important trend when companies, when they grow bigger, ultimately choose to control their own infrastructure. At a certain point the cloud was an important trend, but one after the other large technology companies decided to go off,” said Mareneck.
He notes that the Cosmos SDK developers can quickly build adapted block chains, while IBC connects them. Although he acknowledges that launching another chain is more accessible, the company has the company to launch all the value of its activity.
Maybe you also like it: SEI proposes EVM-all-architecture, conducts Cosmos transactions and smart contracts
‘Governments have been trying to stop us for years’
The movement to more interoperable block chains is also good for consumers, Mareneck explains. Although banks and blockchain projects may want to keep their users in their networks, cross-chain interoperability gives users more choice and strength. This is a trend that even governments cannot resist, Mareneck claims.
“Governments have been trying to close the crypto industry for years. Even Cosmos has been debit,” said Mareneck. “This technology cannot be stopped and will probably take longer than any government.”
Read more: Cross-chain interoperability is the key for seamless Web3 UX | Opinion