#稳定币发行与生态 Seeing the latest insights from Yili Hua and Framework Ventures, my judgment has become clearer: 2026 will indeed be the era of mainstream assets and DeFi blue chips.

What excites me most is the prospects of the stablecoin ecosystem. Think about it—when institutional funds continue to flow into DeFi, stablecoins become the lifeblood of the entire financial infrastructure. The combination of "on-chain finance, stablecoins, and easing cycles" that Yili Hua mentioned signifies that we are witnessing a transition from the Meme coin era to a true financial product era.

This is not just a shift in market sentiment but an overall maturation of the crypto ecosystem. Projects without real value capture mechanisms are gradually being phased out, while protocols with clear economic models and application scenarios are beginning to stand out. Stablecoins, RWA, lending—these sectors are fundamentally about solving real-world financial needs, which is the necessary path for Web3 to move from idealism to practice.

We are currently in a prime observation period. Instead of being misled by short-term volatility, it’s better to focus on projects that are building the future of finance. The continuous deployment by institutions is the best signal—they have already understood the second half of this story.