⚡️I just watched a speech by Peng Wensheng from CICC on stablecoins, which was quite objective and basically represents the domestic views and attitudes towards stablecoins.
I also agree with this excerpt—
From the perspective of currency demand, although stablecoins yield no interest, their demand still exists. This is mainly reflected in four aspects:
Cryptocurrency trading
Cross-border payments
Currency substitution
Regulatory arbitrage
The last point aligns with what @0xsexybanana mentioned today; much of the growth does not come from the technology itself, but from regulatory loopholes.
Ultimately, the early penetration path of Web3 globally is essentially a history of compliance arbitrage—it's not pleasant to say, but it is indeed the truth.
Of course, I don't think this is a bad thing; no new system, new finance, or new order is perfect from the start; they always attract interest from their loopholes.
If you're interested, you can check out the full version, which is 22 minutes long:
https://weibo.com/6881907171/PzJ0d0FTX?referflag=1001030103
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
