This speech explores the transition from traditional payment to Stablecoin 2.0, addressing current challenges in digital finance and presenting an innovative solution. The current stablecoin faces limitations that hinder its growth, including lack of user incentives, centralized governance and limited accessibility
Stablecoin 2.0 is presented as a solution to these challenges, with key improvements in four areas: incentives, governance, accessibility, and usability. First, it introduces enhanced user incentives via a governance token system, allowing participants to share in the ecosystem's value. Second, it embraces community-driven governance with on-chain voting and transparent asset verification, aligning with Web3 principles. Third, accessibility is dramatically improved through user-friendly interfaces and potential integration with popular payment platforms. Finally, Stablecoin 2.0 aims to create a comprehensive value ecosystem, expanding use cases from asset management to daily transactions.
Envisioned as a universal tool for both personal and machine-to-machine payments in the AI-driven economy, Stablecoin 2.0 revolutionises global digital finance signifying a new era for global digital payments.
Technology Stage
Hall 3, Singapore EXPO