The recent remarks by Bank of Japan Governor Kazuo Ueda have made the 'ambitions' of stablecoins quite clear! The old gentleman directly stated that the spread of this thing could have significant impacts — it turns out stablecoins not only want to jump around in the crypto circle but are also eyeing those trading territories that traditional banks have not covered. This is aiming to be the 'catfish' in the financial sector, giving the old banks' rice bowls a little 'tilling'!

Just think about it, in the past, transferring money and trading often depended on the banks' goodwill. Now with stablecoins mixed in, who knows, small shops on the street might collect payments, and friends could transfer pocket money across borders, all bypassing banks and getting it done 'peer-to-peer'. This operation is like food delivery platforms snatching business from dine-in restaurants; traditional banks must be sweating: if this new species really takes off, will our old tricks still work?

One can only say that the governor's words hit the nail on the head — stablecoins are not just a trivial matter, if they really spread out, the chessboard of the financial sector will have to be rearranged! 😏#BNB创新高