#资产代币化 After reading this analysis on stablecoins, there's a core logic that the crypto enthusiasts should pay attention to— the integration of traditional finance and crypto is breaking down the "insurmountable barriers" we once thought existed.

Previously, everyone believed that stablecoins would disrupt the banking system, but data actually shows that deposits haven't experienced large-scale outflows. Why? Because of their strong "stickiness." Your mortgage, credit card, and salary direct deposits are all tied to your checking account, and it's simply not worth switching just for a few basis points of additional yield.

But here’s an interesting opportunity—precisely because of stablecoins, banks are forced to compete, leading to higher interest rates and improved efficiency. In other words, this new system isn't destroying traditional finance; it's pushing it to evolve.

What does this mean for crypto enthusiasts? The progress of asset tokenization will accelerate. When traditional financial institutions truly embrace blockchain's "atomic settlement" logic, the costs of cross-border transfers and payment settlements will drop significantly—this directly reduces our costs for airdrops and interactions. Regulatory frameworks are also gradually becoming clearer (see the progress of the "GENIUS Act"), which means more legitimate projects will emerge, expanding the options for crypto enthusiasts.

The key is to get ahead of this wave of integration by accumulating enough experience in interactions and assets.