According to MarsBit’s market analysis report, a Blockchain Capital partner discussed the “core secret” of arbitrage in the crypto sector. The article uses Tether, Circle, Ethena and RedotPay as examples to explain a shared strategic pattern among successful crypto companies: identifying gaps in markets or institutional structures, then building a business path around those gaps.
In the article, arbitrage is presented as more than a simple price-spread trade. It refers to the ability to find areas where crypto-native markets and mainstream systems are not yet fully connected. Companies that recognize these spaces can use the opening to achieve an initial cold start, create a growth flywheel, and turn a temporary advantage into a more durable barrier.
The article also stresses that founders need to become “bilingual.” They must understand crypto-native capital markets, including the industry’s internal logic around capital, users and products. At the same time, they need to speak the language of mainstream business, including compliance, institutional trust and consumer-grade products. With both capabilities, a project is better positioned to move through the full process from cold start to broader adoption.