#稳定币市场发展 Total stablecoin market capitalization breaks through $310 billion, with 70% growth in one year——When I saw this number, I was reminded of the frenzy of 2017. Back then we were all chasing the fantasy stories of ICOs, yet few people truly cared about the underlying payment issues. Looking back now, the rise of stablecoins precisely filled the most fatal flaw of that era.

Do you remember those failed payment projects? They collapsed in the bubble of volatility. But stablecoins are different—they solve not speculative dreams, but concrete transaction needs. From being anchoring tools for trading pairs to becoming the infrastructure for global payment applications today, this evolution took nearly seven years.

The logic behind the data deserves careful scrutiny: global payment application adoption, institutional demand, DeFi development——these three forces working together indicate that stablecoins have transitioned from geek gadgets to true mass-market applications. The prediction of reaching $2 trillion by 2028 sounds ambitious, but if you look at the market scale of SWIFT, you'll understand this is not fantasy, but inevitable market restructuring.

This time is different because the logic of growth is clear and sustainable. E-commerce, B2B payments, embedded finance——these are not castles in the air. After surviving the cold winter of 2018 and the Luna collapse of 2022, the stablecoin projects that remain have been repeatedly tested by the market.

Reviewing cycles tells us that true opportunities always appear where actual problems are being solved. The stablecoin story is essentially the process of blockchain returning from ideals to reality.