Everything on Financial Metrics

Stablecoin monthly trading volume has reached $1.5 trillion and is decoupling from spot exchange volume, indicating organic utility-driven adoption.

Impact: Stablecoins are transitioning from speculative trading pairs to core payment and treasury management tools for enterprises and consumers.

— from a16z Fund 5: Privacy, AI Agents, and Crypto Maturation · The Milk Road Show· May 06, 2026

AI inference costs are pressuring margins, but gross margins remain a vital sign of business health; early-stage focus should remain on growth foundations before optimizing profitability.

Impact: Investors must monitor margin trends closely while allowing founders time to scale before demanding profitability, avoiding premature optimization.

— from Venture Market Imbalance, Growth DNA, and Strategic Secondaries · The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch· Mar 28, 2026