PANews reported on August 3 that Alec Goh, head of HTX Ventures, was invited to attend GM Vietnam 2025 - Vietnam Blockchain Week, and shared his profound insights on the development of stablecoins at the roundtable forum themed "Stablecoin - The Most Viable Use Case for Crypto Adoption."
Alec pointed out that the market value of stablecoins has exceeded $250 billion, growing by 60% this year, showing a strong upward momentum. With countries like the United States clarifying regulations and traditional institutions actively participating, stablecoins are evolving from crypto-native tools to global financial infrastructure, currently in the early stages of mainstream integration. He added that stablecoins are becoming the foundation for value settlement and liquidity in digital financial infrastructure in key scenarios such as on-chain credit markets, RWA, and cross-border trade.
When discussing the future development path of DeFi, Alec believes that as solutions such as DID, compliance layers, and proof of reserves continue to mature, fully compliant DeFi will become possible.
He emphasized: "The future is not a binary opposition of 'centralization vs decentralization', but rather a combination of 'compliance and composability'. Legal frameworks and on-chain technologies will evolve together, ensuring global scalability while preserving the core concepts of crypto. Regardless of whether the system is centralized or decentralized, the most important thing is to meet user needs. If decentralized exchanges continue to provide better value, the market will naturally gravitate towards them."
