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Lombard Notes

Giorgio Giuliani

Substack Monthly

I break down financial infrastructure (stablecoins, tokenization, and payment rails) beyond the marketing layer. The blog focuses on how money actually moves, settles, and scales

Recently covered

The newsletter has recently published articles examining stablecoin infrastructure and design, including topics such as liquidity management, monetization models, and banking structures. Additional coverage includes payment system architecture, settlement mechanisms, insurance mechanisms in decentralized finance, and choices around direct versus indirect access to payment systems.

As of Aug 28, 2026 · AI-generated summary

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