The cryptocurrency industry is beginning to show movements towards entering the institutional realm, shedding its 'volatility' label. At the 'Crypto Trailblazer NYC' event hosted by the New York Stock Exchange (NYSE) and Silicon Angle in June, new possibilities of cryptocurrencies such as stablecoins, asset tokenization, and AI-based financial systems were highlighted. This signifies an accelerating redefinition of the boundary between traditional finance and digital assets.
The event was attended by numerous CEOs and founders active in the cryptocurrency and blockchain industry, who discussed the spread of Web3 technology and the practical application possibilities of stablecoins. Bill Barhydt, CEO of Abra Capital, mentioned that stablecoins will emerge as the central currency of the 'agent economy' in the future, and discussed the infinite expansion potential of decentralized finance backed by cryptocurrencies like Bitcoin and Ethereum.
Christopher Perkins, CEO of CoinFund, which focuses on early-stage startup investments, stated that "the cryptocurrency industry will grow from the current $5 trillion to $10 trillion in the future, with stablecoins playing a key role in this process." Particularly, Perkins noted the possibility of AI technology and digital assets combining to redesign global capital flows. He predicted that "the on-chain conversion of stablecoins will exponentially enhance the asset management capabilities of future AI-based digital agents."
Additionally, experts from traditional financial institutions who participated in the event unanimously agreed that the entry of cryptocurrencies into the institutional realm is imminent. ICE Ventures introduced a project linking stablecoins with emerging energy markets, and Anchorage Digital identified 'regulatory clarity' as the top priority to ensure institutional investors can confidently entrust their assets.
Meanwhile, insights were presented highlighting that digital assets are connecting with the real economy beyond mere speculative means. Dan Tapiero, representative of 10T Holdings, predicted that more than 10 blockchain-based companies will be listed on NASDAQ or the New York Stock Exchange within two years, analyzing that "if stablecoin-related companies gain trust in public markets, it could change the foundation of the world financial system."
Pascal Gauthier, CEO of Ledger, a hardware company focusing on digital asset security and user experience, stated that "cryptocurrency wallet technology can be applied to digital identity and e-government systems in the future." He also emphasized that hardware-based solutions will be key to protecting data sovereignty in the AI era.
The overall flow of the event focused on cryptocurrencies evolving beyond technological experimentation to become practical means of improving the efficiency and inclusivity of existing financial systems. Particularly, stablecoins are being rapidly adopted in practical areas such as cross-border remittances, micro-community payments, and small-scale financial services, with a prevailing interpretation that they could influence macroeconomic structures in the future.
The key discussions at this event demonstrate that cryptocurrencies are transforming from mere technology to strategic tools driving the future of finance. While carrying the challenges of regulation, security, and technological standardization, the blockchain financial ecosystem centered on stablecoins is already building the foundations of the next-generation internet economy step by step.
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