Money as infrastructure

Daniel McGlynn argues that Open Money is the inevitable next upgrade to financial infrastructure, comparable to a software update to the financial stack rather than a radical break from the past. He says the shift is driven by the digitization of assets, the rise of programmable money, DeFi and tokenized assets, and enterprises' interest in decentralized infrastructure for cross-border payments and settlement. The article presents Open Money as a borderless, interoperable network where money can move as seamlessly as data, and says the open question is how quickly the transition will unfold.