#加密货币监管政策# Seeing this HTX Research stablecoin report, I can't help but feel excited! Stablecoins are reshaping the global payment system at an astonishing pace, with total on-chain transaction volume reaching $15.6 trillion in 2024, a truly staggering figure. Even more exciting is the prospect of stablecoins welcoming comprehensive Compliance and institutional development as regulatory frameworks in various countries gradually become clearer.

The "two-stage rocket" expansion path proposed in the research report is very insightful. The first stage is driven by traditional financial giants promoting the landing of stablecoins in scenarios such as cross-border settlement, laying the foundation for large-scale application. The second stage relies on regulatory breakthroughs, particularly the easing of STO issuance thresholds by the SEC in the United States, which will promote the on-chain transformation of traditional assets, making stablecoins the core of the on-chain financial system.

I firmly believe that the future of stablecoins goes far beyond the confines of the cryptocurrency industry; it is becoming a key link connecting traditional finance and the digital economy. As a core component of the global "digital dollar operating system," stablecoins will bring us a more efficient, transparent, and inclusive financial infrastructure. Let us look forward to the arrival of this financial revolution together!