The "frenzied bull market" of stablecoins is turning traditional payments into "the past waves", with a trading volume of 50 trillion being just the first building block of DeFi Lego.

In 2024, the trading volume of stablecoins is expected to soar to 30 trillion USD, equivalent to "spinning" Visa and PayPal together for three rounds and more. Behind this epic growth is users voting with their feet to escape the "sky-high gas fees" and "turtle-speed confirmations" of traditional payments—after all, who doesn’t want to enjoy second-level settlements and low-cost cross-border transactions on the "scientist's happy chain"?

Stablecoins have clearly become the "stable golden shovel" of the crypto world, replicating the financial innovation gene of 18th-century private banknotes while shaking off historical burdens with DLT technology. However, hidden worries lurk behind the "whale party": regulatory FUD, money laundering black boxes, and multi-chain fragmentation have both "meme coin projects" and institutional players on edge. More surreal is that on-chain data reveals nearly 85% of the trading volume is merely arbitrage bots engaging in "volume padding performances", with only 50 trillion representing real organic trading—this wave of "vampire attacks" would make even MEV bot operators exclaim in familiarity.

Traditional financial giants are simultaneously denouncing it as a "Ponzi scheme" while honestly embracing change: Visa is settling with stablecoins, Stripe is acquiring the Bridge project, and even Walmart is contemplating using stablecoins to cut 98% of payment costs. This wave of "truth is delicious law" perfectly illustrates the ultimate essence of the crypto world: If you can’t beat them, ape in!

The entry of Google Cloud Universal Ledger feels more like a "dimensionality reduction strike". By hybridizing commercial bank currencies with DLT technology, it retains the regulatory shield of traditional finance while leveraging the "programmable holy grail" of blockchain. This move can be regarded as the "perfect substitute for institutional FOMO", avoiding targeted regulatory blasts while allowing users to experience the joy of "instant withdrawals".

The future is here, but it is unevenly distributed. While traditional payments are still "locking assets and digging graves" in the T+3 quagmire, stablecoins have long been in the "one-click cheat" mode on the cross-border payment track. Follow @加密青遥 to unlock more on-chain treasure-hunting strategies—after all, in this world where "code is law", early awareness is the biggest alpha! #特朗普罢免美联储理事库克