DCo: Stablecoins and asset tokenization are reshaping Web3 business models

The cryptocurrency research institution Decentralised.co (DCo) recently released a report indicating that the core driving force of the Web3 industry is shifting from asset speculation to practical applications centered around stablecoins and asset tokenization. Data shows that last year, the global on-chain transaction volume of stablecoins reached $33 trillion, with particularly strong demand for digital dollars in emerging markets such as Latin America.

The report points out that the improvement of infrastructure is driving transformations in several core areas. On one hand, the barriers to building new on-chain banks have significantly lowered, accelerating the implementation of business scenarios such as cross-border payroll; on the other hand, leading institutions like Kraken are actively integrating tokenized assets, promoting the globalization of trading traditional financial assets like U.S. stocks. Furthermore, as the proportion of AI agents in network traffic continues to rise, stablecoins are gradually becoming the underlying payment network for instant settlement, thereby giving rise to new service demands for agent payments and risk assessment.