Lates News

The latest research report from Bank of America deeply analyzes the potential transformative power of stablecoins in the financial system, pointing out that this digital asset, while facing regulatory controversies, has already shown unique advantages in cross-border transactions, retail settlements, and other areas. The report explicitly states that peer-to-peer (P2P) payments across borders are the most disruptive application scenario for stablecoins - compared to traditional banking systems, their settlement efficiency and cost advantages are significant, potentially becoming an important channel for capital flows in emerging markets. It is worth noting that the move by Shopify to allow merchants to accept USDC stablecoins has been seen as a landmark event in retail adoption, while the recent repurchase transactions of UST tokenized bonds on-chain further highlights institutional investors' recognition of the settlement function of stablecoins. In terms of market demand, Bank of America estimates that the potential demand for US Treasury bonds in the next 12 months could reach between $25 billion and $75 billion, but it is not enough in the short term to reverse the supply-demand situation in the bond market.