🌝 Airwallex CEO: At present, stablecoins are still difficult to replace traditional cross-border payments Jack Zhang, co-founder and CEO of cross-border payment unicorn Airwallex, questioned the actual use of stablecoins in a post. He stated that even if the price of stablecoins is stable, if the recipient still requests to deposit in their local currency (such as EUR), the cost of getting rid of stablecoins will be much higher than in the traditional interbank foreign exchange market, making it difficult to save costs. In addition, Jack also bluntly stated that "it has been 15 years and we have not seen any actual use cases for cryptocurrency", and stated that "issuing currency is the responsibility of the central bank", believing that stablecoins are only financial speculative tools.