The future of money and payment systems will be characterized by evolution, not some radical crypto revolution of the kind envisioned by bitcoin advocates. Since newer fintech payment systems such as Alipay, WeChat, Venmo or PayPal are still linked to bank deposits and credit cards, they represent evolution, not revolution. And in China, an aversion to potentially decentralized stablecoins has led the government to favour a CBDC, plus fintech payment solutions. Still, many of those tokenizing real-world assets do seem to be opting for DLT as the preferred “unifying platform”, with digital assets being denominated in native digital currencies. The future of money and payment systems will be characterized by evolution, not some radical crypto revolution.