MyStonks CMO Keaton Hu: The coexistence of multiple stablecoins is not a flaw, but an inevitable result of a decentralized ecosystem.
Source: Odaily
Time: 2025-09-07 16:27:09
Odaily Planet Daily News At the 2025 Taipei Blockchain Week (TBW) roundtable forum "Creating Key Puzzles for Blockchain Payment: Opportunities and Challenges for Stablecoins", MyStonks Chief Marketing Officer Keaton Hu shared his views on the future development of stablecoins. He said: "The MyStonks platform has achieved a daily trading volume of over US$200 million in just 5 months since its launch. The growth of stablecoins has played a decisive role in this. Unlike traditional brokerage firms' high cost of 1% exchange of multiple fiat currencies, relying on stablecoins such as USDT and USDC, on-chain transactions have almost zero friction, significantly reducing costs. Stablecoins not only improve efficiency, but also allow global investors to participate equally in US stocks, US bonds and leading stocks in various countries, truly realizing global asset chain upward. Vertical scene stablecoins have unique potential, such as cross-border trade settlement stablecoins or innovative stablecoins with the function of holding coins to generate interest, which will form a differentiated competitive advantage in the future. The coexistence of multiple stablecoins is not a defect, but an inevitable decentralized ecosystem."