As the crypto market is experiencing a critical turning point from "concept" to "industry", stablecoins are becoming an important bridge between the on-chain and TradFi worlds.

The research report "The Future of Stablecoins" published by the Artemis team provides deep insights into this field by comprehensively analyzing the evolution, current status, and prospects of stablecoins.

The report reveals that the stablecoin ecosystem is undergoing a fundamental transformation: the initial model focused on issuance has evolved into a new pattern centered around distribution networks and real-world application scenarios.

The report emphasizes that the true value of stablecoins lies in their applications rather than a simple statistical measure of supply. Today, stablecoins have evolved from their initial role as a medium of exchange into a financial infrastructure that supports multidimensional functions such as daily payments, savings tools, international remittances, and collateral for decentralized finance.

As the technical threshold for issuing stablecoins gradually lowers, market influence is shifting from issuers to distribution channels. Various wallet applications, trading platforms, and fintech service providers not only integrate stablecoin services but also become key links in value capture by optimizing user experience and establishing customer relationships.

To meet the demands of these diverse application scenarios, a series of innovative infrastructures are rapidly developing. These new architectures are dedicated to enhancing the programmability, compliance standards, and value distribution mechanisms of stablecoins. Stablecoins have transcended the positioning of mere digital assets and are evolving into dynamic and flexible financial primitives, providing foundational support for the entire blockchain ecosystem.