This time, the traditional financial giants are really taking action.

Let's start with JPMorgan's move—they directly integrated USDC into their credit card rewards system. What does that mean? Their 80 million cardholders can now exchange their card reward points directly for USDC, which can be used to buy crypto for investment or for everyday spending. This isn't just a small-scale trial; it's a direct, user-facing channel connecting fiat and crypto assets.

PayPal is going even further. Their upgraded "Pay with Crypto" service now allows users to pay with any cryptocurrency, with the system automatically converting it to PYUSD for settlement on the backend. Users don't feel any difference, merchants receive payments as usual—over 2 million merchants have already integrated this service. Can you still call this a marginal payment experiment?

The data speaks for itself: since the beginning of this year, on-chain stablecoin settlement volume has surged 48% year-over-year, and the total market cap has reached $266.9 billion. More importantly, the use cases are multiplying—from serving purely as a trading medium, stablecoins are now penetrating core areas of traditional finance like banking rewards systems, cross-border trade settlements, and supply chain finance.

Some may say this is just capital hyping concepts. But think about it: when leading financial institutions bring compliance frameworks, user bases, and real-world use cases together, stablecoins are no longer just "tools for circulation within the crypto community." They're reconstructing the underlying logic of payments and settlements.

So here’s the question: Would you consider using stablecoins for everyday payments? Or, do you think this wave of traditional giants entering the space can really bring stablecoins to the mainstream?