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BTC $61,787.31 -2.68%
ETH $1,650.01 -2.13%
BNB $594.14 -2.22%
XRP $1.12 -3.17%
SOL $65.18 -3.46%
TRX $0.3231 -0.89%
DOGE $0.0848 -2.28%
ADA $0.1671 -2.57%
BCH $204.21 -2.63%
LINK $7.86 -2.19%
HYPE $59.02 -8.12%
AAVE $61.70 -3.97%
SUI $0.7517 -1.31%
XLM $0.1953 -3.01%
ZEC $449.78 -0.30%

technology

first_img Forbes: The technology of stablecoins has matured, but compliance and localized infrastructure are the real bottlenecks for large-scale adoption

According to Forbes, although the trading volume of stablecoins has exceeded $1 trillion in the past year, most activities are still concentrated in the crypto-native space (trading, arbitrage, and inter-protocol settlement), with limited applications in everyday commercial payments. WasabiCard CEO Ray Yang pointed out that the transfer of funds is no longer the core issue; licensing, compliance, risk management, and banking capabilities are the key foundations for achieving widespread adoption.Forbes noted that while stablecoin settlement can significantly enhance cross-border payment efficiency, each market has different compliance standards, licensing requirements, and banking relationships, making the construction of localized compliance in each market both slow and expensive, which contradicts the instant global settlement that stablecoins advocate. Currently, the stablecoin market has surpassed $320 billion, and industry discussions are shifting from whether stablecoins can replace existing networks to how they can be integrated into existing networks.Forbes believes that the challenge of the last decade was to get funds flowing, while the challenge of this decade is to ensure that global payments operate in compliance and at scale within a fragmented regulatory environment.

The US stock market's semiconductor technology and memory chip sectors remain active, with Gate ranking among the industry leaders in contract trading volume related to MU and SNDK

Recently, the semiconductor and memory chip sectors of the US stock market have continued to strengthen, with significant increases in trading activity for related assets. According to Gate market data, Micron Technology (MU) reached a 24-hour high of $951.26, currently reported at $936.77, with a 24-hour increase of 2.76%; SanDisk (SNDK) reached a 24-hour high of $1693.83, currently reported at $1654.41, with a 24-hour increase of 5.94%.According to CoinGlass data, the 24-hour contract trading volume for MU (Micron Technology) on the Gate platform reached $15.1529 million, while SNDK (SanDisk) reached $11.2302 million, both ranking among the top in the industry, with related trading activity continuing to rise.As global demand for traditional asset allocations like US stocks continues to grow, Gate is continuously bridging cryptocurrency and traditional financial trading scenarios through a unified account system. Users can conveniently participate in trading global mainstream assets such as stocks, metals, foreign exchange, indices, and commodities through a single USDT account, further enhancing cross-market trading efficiency and capital utilization flexibility.Gate has launched over 130 US stock-related perpetual contract targets, as well as over 430 CFD contract targets, and is continuously expanding its diverse product lines including spot tokens, perpetual contracts, and on-chain assets, supporting 24/7 trading to provide users with a more flexible and efficient one-stop global asset trading experience.
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