Blockchain technology is entering a new stage of development, where the focus is no longer on glamorous technical narratives, but on how to deeply integrate with the TradFi system. This trend is unfolding through three different but complementary paths.

First, XRP is becoming an important connection point between global Central Bank Digital Currencies (CBDCs) and stablecoins. Its neutral architecture design and high efficiency characteristics make it a strong competitor for future cross-border settlement infrastructure.

Secondly, CFX, as the only public chain in China with a policy compliance foundation, is becoming a key bridge for the internationalization of digital renminbi and the on-chain of physical assets, thanks to its legal status and close cooperation with government enterprises.

Finally, ACH focuses on real payment scenarios, committed to streamlining fiat on-ramps and off-ramps, merchant access, and crypto payment systems to provide users with practical payment solutions.

Although these three approaches each have their own characteristics, their common goal is to build a collaborative framework that can truly connect the Blockchain world and the real financial system. As these paths continue to develop and improve, we can expect to see Blockchain technology play a role in a broader range of financial sectors, driving the entire industry forward.

It is worth noting that this integration is not only technical but also a matter of building an ecosystem. It requires the joint efforts of regulatory agencies, TradFi institutions, and blockchain project parties. In the future, we may see more innovative solutions emerge, further promoting the deep integration of blockchain technology and TradFi.