$USDC $USDC Stablecoins have rapidly risen in recent years as a key player in the digital economy due to their stable value, becoming essential for everyday payments. According to the latest reports, stablecoin trading volume has surpassed $28 trillion, exceeding Visa and Mastercard, demonstrating their potential for mainstream payment. For example, USDT has a supply of over $75 billion on the Tron blockchain, accounting for over 50%, making it the leader in the stablecoin market. USDC's trading volume on Ethereum has also reached a new high of $908 billion, highlighting its popularity in financial applications.

In everyday scenarios, stablecoin payments are fast and convenient, allowing consumers to pay via digital wallets by scanning a code, completing transactions within seconds without the need for bank intermediaries, with fees as low as a few cents. Cross-border payments benefit from stablecoins as they avoid exchange rate risks, especially in e-commerce and international remittances. Blockchain technology ensures transaction transparency and reduces fraud risk.

However, regulation remains a challenge. The US 'GENIUS Act' stablecoin bill is set to be voted on 5/19, which may provide a clear framework for the market. The Hong Kong Monetary Authority has also launched a stablecoin issuer 'sandbox' to promote compliant development. With institutional adoption reaching 49%, stablecoins are moving from the fringe to the mainstream, facilitating the inclusion of unbanked populations into the global financial system and ushering in a new era of digital payments.

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