ChainCatcher news: At the recent “Build and Scale in 2026” themed forum held in Hong Kong, Jayendra Jog, co-founder of Sei Labs, delivered a keynote speech on “The Future of Payments: The State of Stablecoin Development in 2026.” He stated that stablecoins are surpassing DeFi to become the killer application of blockchain, and their revenue models will become more promising than transaction fees.
However, regarding the current surge in “dedicated stablecoin chain” trends, Jayendra Jog expressed a cautious stance. He noted that while dedicated chains have optimized throughput and compliance features, their differentiation advantages are limited, and they have yet to prove effective in driving large-scale adoption.
Jayendra Jog also highlighted the latest developments of Sei Network. He mentioned that Sei Network is now the lowest-cost EVM-compatible stablecoin transfer chain, with an average of only $0.0005 for 200 stablecoin transfers. The upcoming Sei Giga will achieve up to 200,000 TPS throughput and 400 milliseconds finality, providing high-performance infrastructure for stablecoin payments, RWA, and derivatives trading.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Breakout Holds as XRPL Lending Vote Gains Momentum
Key Insights
XRP maintains weekly strength above major cryptocurrencies as price holds above key EMAs, reflecting sustained momentum despite minor daily declines in trading sessions.
XRPL validators advance lending upgrades through XLS-65 and XLS-66, introducing pooled liquidity vaults and f
CryptoNewsLand6m ago
XRP Breakout Holds as XRPL Lending Vote Gains Momentum
XRP shows weekly strength, trading above EMAs after breaking from a descending wedge; XRPL advances XLS-65/66 lending upgrades with pooled vaults and fixed-term loans; derivatives rise in volume, open interest, and options activity.
Abstract: This report notes XRP's persistent weekly momentum and price strength above key moving averages following a breakout from a descending wedge. It covers XRPL validators voting on XLS-65 and XLS-66, enabling native lending, pooled liquidity vaults, and fixed-term loans to expand on-chain financial activity. It also reports rising derivatives participation, with higher trading volume, open interest, and a surge in options activity, suggesting increasing trader positioning for a continued breakout.
CryptoNewsLand7m ago
MagicBlock Launches Mirage, Command-Line Privacy Payment Tool for Solana
Gate News message, April 23 — MagicBlock has released Mirage, a command-line privacy payment tool designed for the Solana network. The tool enables users to create wallets, deposit funds, and send private transactions through terminal commands, bots, or AI agents.
Mirage is built on Private
GateNews1h ago
Aave Suspends rsETH Reserve Operations Across Ethereum, Arbitrum, and Other Networks to Mitigate Systemic Risk
Gate News message, April 23 — Aave announced it has suspended rsETH reserve-related operations across Ethereum mainnet, Arbitrum, Base, Mantle, and Linea networks to mitigate systemic risk during the asset recovery process.
The measure aims to preserve additional funds while the recovery plan is
GateNews1h ago
Morpho Association to Execute Series of Wallet Transfers Over Coming Weeks for Fund Management
Gate News message, April 23 — Morpho Association will conduct a series of transfers from its association-owned wallet over the coming weeks as part of routine fund management operations.
GateNews1h ago
Circle Chief Economist Proposes Raising USDC Rates on Aave Amid KelpDAO Fallout
Gate News message, April 23 — Gordon Liao, Circle's chief economist, has proposed raising USDC lending parameters on Aave v3 Ethereum Core this week following a $292 million KelpDAO rsETH exploit that triggered a liquidity crisis across the protocol. Liao's Request for Comment suggests increasing "S
GateNews2h ago
