Stablecoins: A New Foundation Transforming the World of Finance

Stablecoins are rapidly being recognized as a dynamic instrument for economic advancement, with their applications now reaching far beyond cross-border payments to include corporate financial management, regulatory adherence, and driving technological progress. In a recent conversation with Caixin, Binance co-founder Changpeng Zhao (CZ) highlighted how stablecoins are playing a pivotal role in updating financial systems. His insights echo the latest moves by industry leaders and regulators, reflecting a shared belief in the transformative capabilities of stablecoins.

A clear illustration of this trend is the alliance between

, which is focused on embedding yield-generating stablecoins into business treasury operations and global payment networks. This partnership utilizes stablecoins to facilitate instant, programmable transactions, enabling companies to earn interest on unused funds while cutting down on the expenses and delays of conventional bank transfers. Anthony Moro, CEO of , referred to stablecoins as "the new infrastructure layer for money itself," emphasizing their capacity to optimize processes across sectors like insurance and manufacturing.

This project mirrors a wider movement among businesses searching for alternatives to standard treasury solutions, especially as interest rates and currency exchange costs climb. By providing a compliant and interest-bearing structure, the collaboration fills a significant void in international finance. For example, franchise owners can now pay overseas suppliers and employees within seconds and simultaneously earn returns on working capital—something previously hindered by fragmented financial systems, according to the companies’ announcement.

The rising prominence of stablecoins has also caught the eye of regulators. David Malpass, former World Bank President, recently called on the U.S. to spearhead stablecoin development, cautioning that Europe and China are moving quickly to take the lead, as he shared

. Malpass commended a Federal Reserve Governor’s suggestion to allow stablecoin companies access to the Fed’s payment infrastructure, arguing that this could lessen dependence on traditional banks and reinforce the dollar’s role in global finance. His remarks underscore the international competition to define the next era of digital currency.

Technological progress is also broadening the scope of stablecoins. Coinbase has rolled out

that lets AI agents independently conduct transactions with stablecoins, potentially transforming automated financial operations. At the same time, the points to stablecoins as a major force behind industry expansion, noting their involvement in 30% of all crypto transactions and their promise in powering new decentralized finance (DeFi) applications.

However, stablecoins still encounter hurdles related to regulation and security. The

community, for instance, is actively discussing the robustness of Layer 2 solutions against 51% attacks, with co-founder Vitalik Buterin and stressing the necessity for strong protections to safeguard users’ assets. These debates highlight the need to balance innovation with effective risk controls as the industry evolves.

As stablecoins transition from specialized tools to essential components of the global financial landscape, their influence on business efficiency, regulatory standards, and technology ecosystems is expected to grow. The ongoing partnership between NU and Dream Payments, along with policy support and technological breakthroughs, marks a significant turning point in the evolution of stablecoins and their role in transforming the real economy.