When some countries' financial elites firmly declare that "mainstream crypto assets can never serve as a means of payment," many people's first reaction might be—it's over, there's no hope. It sounds like a final judgment from the traditional order. But think carefully, in the history of technological progress, haven't we seen many such "prohibitions"?

What truly matters is never what the power structures say, but what the market does. When the existing systems can't solve practical issues like real-time global settlement, borderless transactions, and censorship resistance, new technologies will grow in the cracks. From being seen as a "speculative tool" to becoming "infrastructure," this evolution will continue.

The payment sector is no exception. Instead of arguing over who qualifies to be a currency, it's more meaningful to look at what is becoming the most practical and trustworthy tool for global value flow. This is exactly what stablecoins are accomplishing.

This kind of "trust" doesn't come from a country's policy document but from solving real problems. Let's start with two core advantages—

**First, it is a truly permissionless settlement network.** No matter how regulations change across countries, stablecoins can transfer value across borders and complete transactions in seconds on the blockchain. Traditional cross-border payments are slow, expensive, and complex—this is a global pain point. Stablecoins bypass these issues directly through technology.

**Second, their prices are sufficiently stable.** Imagine using Bitcoin or Ethereum for daily payments—something that costs 100 yuan today might only be worth 80 yuan tomorrow. That’s a fatal flaw for a payment tool. Stablecoins lock their prices through over-collateralization, which is why they are more suitable for practical applications than mainstream crypto assets.

Real-world demand is often more powerful than declarations. As more cross-border trade, remittances, and small-value payments start settling on-chain, those "never allowed" declarations will seem somewhat hollow. Technological advancement doesn't require anyone's permission—it depends on genuine market demand and continuously optimized use cases.

Stablecoins happen to meet these conditions.