$USDC Stablecoins have rapidly increased in recent years as a key player in the digital economy due to their stable value, becoming essential for everyday payments. According to the latest reports, the trading volume of stablecoins has surpassed $28 trillion, exceeding Visa and Mastercard, demonstrating their potential for conventional payments. For example, USDT has a supply of over $75 billion on the Tron blockchain, representing more than 50%, making it the market leader in stablecoins. The trading volume of USDC on Ethereum has also reached a new high of $908 billion, highlighting its popularity in financial applications.

In everyday scenarios, payments with stablecoins are fast and convenient, allowing consumers to pay through digital wallets by scanning a code, completing transactions in seconds without the need for banking intermediaries, with fees as low as a few cents. Cross-border payments benefit from stablecoins as they avoid exchange rate risks, especially in e-commerce and international remittances. Blockchain technology ensures transaction transparency and reduces the risk of fraud.

However, regulation remains a challenge. The US stablecoin bill 'GENIUS Act' is scheduled to be voted on 19/5, which could provide a clear framework for the market. The Hong Kong Monetary Authority has also launched a 'sandbox' for stablecoin issuers to promote compliant development. With institutional adoption reaching 49%, stablecoins are moving from being marginal to mainstream, facilitating the inclusion of unbanked populations into the global financial system and ushering in a new era of digital payments.