#稳定币市场与发展 Seeing JPMorgan Chase deploy JPM Coin on Base, I can't help but feel an overwhelming excitement! This is not just a piece of news; it's a signal of traditional finance and the Web3 world shaking hands.

Imagine, the once high-and-mighty Wall Street giants now recognizing the value of on-chain payment tools. They are being very honest—they point out that public blockchains lack trustworthy, asset-backed payment tools. And stablecoins are becoming the bridge connecting these two worlds.

What does the transition of JPM Coin from a private chain to a public chain mean? It signifies that institutions need to conduct real transactions, settlements, and collateralization on public blockchains. How big is this demand? Big enough to make financial giants like JPMorgan Chase sit up and take notice.

I have always believed that the future of stablecoins is not about competition but about diversified prosperity. Bank-issued stablecoins, algorithmic stablecoins, multi-asset collateralized stablecoins… they each serve their purpose, jointly building a liquid, risk-controlled on-chain financial infrastructure.

The key to this transformation is: traditional finance is no longer a bystander but an active participant. As institutional-level demand floods into public chains, the application scenarios and depth of stablecoins will grow exponentially. We are witnessing the process of Web3 being recognized by mainstream financial systems—that's the most exciting part.