Stablecoin: A New Infrastructure for Global Finance

In the context of the increasingly intense race to modernize the global financial system, stablecoins have emerged as a focal point in the strategy to regulate digital assets and promote practical applications. As traditional monetary systems become increasingly unstable and the demand for building a comprehensive digital economy rises, stablecoins are being viewed by policymakers and leaders in the financial industry as a key tool for the next transformation of modern finance. Stablecoin – A practical solution for emerging markets In the podcast "Crypto, Stablecoins & the Future of Finance", Ms. Lily Liu – Chair of the Solana Foundation – pointed out the increasingly clear gap between consumer demand for digital currency and the lack of financial infrastructure for institutions in emerging markets. She emphasized that stablecoins have been and are providing effective alternative solutions for local currencies affected by inflation, especially in areas that are not adequately served by the traditional banking system. Ms. Liu also emphasized the importance of building user-friendly platforms, especially on mobile devices – a popular tool in many developing countries. The high-speed architecture of Solana is mentioned as a key factor in improving financial accessibility for underprivileged communities, thereby promoting transaction efficiency in daily life. Balanced growth between users and organizations James Zhang, co-founder of Jambo, also participated in the dialogue and shared the perspective that the development of the cryptocurrency industry can only be truly sustainable when both aspects are built simultaneously: consumer access and organizational infrastructure development. According to him, if the focus is solely on one side while neglecting the other, it will limit the long-term potential of digital finance. Stablecoin – Not just a tool, but a financial foundation At the Paxos Global Dollar Network event held in New York, Mr. Sergio Mello – the head of the stablecoin division at Anchorage Digital – announced the legal development roadmap for stablecoins, predicting that the period from 2025 to 2027 will be the most explosive phase in the history of digital assets. According to Mr. Mello, stablecoins are not only a new type of asset but also a redefinition of the concept of "money," as they combine both the transport layer and the value storage layer into a unified, more efficient whole. He predicts that stablecoins will be deeply integrated into everyday transactions in the near future. Legal clarity is gradually becoming apparent – The key to scaling up In the United States, the GENIUS act on stablecoins is progressing positively in the Senate. Senior advisor on crypto and AI for former President Donald Trump – Mr. David Sacks – confirmed that the bill has passed the preliminary voting threshold with support from both parties. Mr. Sacks noted that completing the legal framework could trigger significant demand for U.S. government bonds, as there are currently over $200 billion in stablecoins that lack clear regulations. At the same time, Hong Kong has also just passed the Stablecoin Bill after its third reading at the Legislative Council. According to legislator Johnny Ng, financial institutions will be able to start applying for licenses to issue stablecoins by the end of this year. Conclusion Stablecoins are no longer just a digital asset but are gradually becoming an essential part of modern financial infrastructure. As governments and businesses come to a consensus on the importance of stablecoins, the world can look forward to a new era – one where currency becomes more transparent, efficient, and accessible for everyone.