#稳定币发展与应用 Looking back at the development of Crypto Assets, stablecoins are undoubtedly an important milestone. From the earliest USDT to the current diverse landscape, stablecoins are playing an increasingly important role in payments, trading, and other areas. The startup RedotPay has secured substantial funding in just a few months, thanks to the continuous expansion of stablecoin application scenarios. They offer stablecoin-based bank cards and global payment services, with impressive data of 5 million users and a payment volume of 10 billion USD.

This reminds me of the ICO mania in 2017 when many projects also received high financing. But few ultimately survived. I hope RedotPay can learn from history, proceed steadily, and truly create value for users. After all, in this industry, coming quickly and leaving quickly is the norm. Only projects that genuinely solve real problems can withstand the test of time.

From a longer-term perspective, the development of stablecoins is significant for the entire Crypto Assets industry. It builds a bridge between Crypto Assets and the traditional financial system and is expected to promote broader applications and adoption. However, regulatory risks still exist, and finding a balance between compliance and innovation will be a common challenge faced by all stablecoin projects. History always repeats itself, but each cycle brings new variables. Let us wait and see how this wave of stablecoins will ultimately unfold.