《a16z: Stablecoins Are Reshaping Global Finance Beyond Payments》 (Written by: Noah Levine, Guy Wuollet, Robert Hackett | Translated by Luffy Foresight News) Stablecoins are driving the upgrade of global financial infrastructure, becoming the foundational driver for banking-as-a-service. Integration of on-chain infrastructure, payments, forex, and credit is enhancing cross-border settlements and reducing friction. Fierce competition in banking integration and licensing, with regulatory compliance becoming the key focus. Three types of blockchain coexist: public chains, payment-specific chains, and institutional networks, each supporting different financial scenarios. The potential for credit is massive, as on-chain capital markets are set to reshape traditional financing. The dominance of the US dollar is further entrenched in global finance through stablecoins. Read the full article: https://www.(wublock123.com)/articles/article-59046