Airwallex CEO: Stablecoins na about build internet money infrastructure, no be only cross-border payments
Jack Zhang wey na co-founder and CEO of Airwallex don talk say stablecoins get bigger purpose pass just to make global money flow easy. According to am, stablecoins real role na to build foundation for 'internet money ecosystem.' E talk say stablecoins na digital money for internet, and their main challenge na to prove say dem be 'clean money' - wey no dey involved for illegal activity and fit to integrate well. Zhang yarn say platforms like Stripe, Revolut, and Airwallex wey get distributing power dey specially fit put stablecoins inside their financial products. These platforms fit convert clean fiat money to stablecoins smooth and create new financial products wey fit make money. Zhang also talk say the 'Genius Act' no allow issuers to pay yield, just like how central banks them worldwide stand, and this one fit hold startups back. For final, Zhang conclude say success of stablecoins depend pass on distribution than technology, and big tech platforms get the power to push adoption.
Neutral
Dis news dey show strategic way wey Airwallex CEO take see stablecoins as foundation for build internet money mata, e talk say make dem focus more on how dem go distribute am than tech matter. Di talk show say infrastructure support dey strong and e fit mean better future for stablecoin sector but e still mention regulatory wahala like Genius Act wey no allow yield, wey match central banks restrictive own mind. Dis matter balance each other so market no go change quick quick. Traders suppose dey watch regulatory tins and how big fintech platform take dey adopt, because na those ones go decide how stablecoins go settle and market mind go. Before, regulatory wahala for stablecoin usually make crypto market move slow and sideways.