The Next Stop for Stablecoins: International Payments, Tokenization of US Stocks, and AI Agents

Core Viewpoints

Stablecoins have unique advantages in payment scenarios, and the market is particularly focused on their potential in traditional payment fields, especially in cross-border payments for international trade. Although different stablecoins are homogeneous, due to differences in promotion channels and application scenarios, they exhibit "non-homogeneous" characteristics, leading to intense competition among varieties. Currently, US stock tokenization and AI Agents are the two major important tracks for stablecoin applications, which will have a significant impact on the liquidity of the global financial market.

This article analyzes the prospects of stablecoins entering the payment field, looks forward to the tokenization of US stocks and the role of AI Agents in promoting stablecoins, and discusses the establishment of regulatory and compliance systems.

Stablecoins and Traditional Payments: A Two-Way Integration

stablecoin enters the traditional payment field: innovation in cost and settlement model

Stablecoins are based on a simple account system on the blockchain, making transfers between users more convenient and achieving payment settlement instantly. Compared to traditional financial accounts, blockchain accounts are easier to set up, providing financial service opportunities for underdeveloped regions. These characteristics are the advantages of stablecoins in the traditional payment field.

Traditional giants actively embrace stablecoin

Many traditional internet and retail giants are exploring the issuance of their own stablecoins. Although the PYUSD launched by payment giant PayPal has a large user base, its development has not met expectations, reflecting the unique competitive logic of the stablecoin market.

The competition in the stablecoin market is fierce

"Non-fungible" determines the generality of the scenario chain, which is the key to competition.

Stablecoins from different issuers have the characteristic of "non-fungibility". USDT has become the most popular dollar stablecoin due to its wide range of application scenarios and user base. The competitive advantage of stablecoin varieties lies in their versatility across multiple application scenarios.

The opportunities and challenges of stablecoin in developing a new payment system

Stablecoins need to build corresponding infrastructure and services to integrate into the traditional payment system. B2B payments and cross-border trade payments are potential markets of concern for the industry. Payment efficiency is another major challenge faced by stablecoins, and the efficiency issues of blockchain networks in handling large-scale payments need urgent solutions.

Siphoning Financial Liquidity: Tokenization of US Stocks and AI Agent

US stock tokenization: a new catalyst worth期待

Stock tokenization is expected to become an important application scenario for stablecoins, and cryptocurrency exchanges are actively promoting the development of this field.

Potential Market for AI Agent Payments

Stablecoins are based on a blockchain's lightweight account structure, making them very suitable for AI Agent-controlled accounts to facilitate payments. The high integration of blockchain accounts and AI algorithms provides a foundation for AI Agents to directly operate user accounts.

Regulation and Compliance of Stablecoins: Systematic Engineering

The establishment of a stablecoin payment system involves multiple issues such as asset security, internal control, and compliance. Stablecoins are widely used for payments, which may lead to the offshoring of fiat currencies and bring regulatory challenges. Currently, stablecoins are in a stage of adaptation between application and regulation.

Investment Advice

Focus on the RWA and stablecoin-related sectors, including relevant targets in the US stock market, Hong Kong stock market, and A-shares. Also, pay attention to the impact of blockchain-native innovative applications on the financial market.

Risk Warning

• The research and development of blockchain technology did not meet expectations.
• Uncertainty of regulatory policies
• The implementation of Web3.0 business models is below expectations.