# stablecoins — X 热门讨论 (2026-10-01 15:19 UTC)
## @ADIChain_ (ADI Chain) · 10-01 14:38 · ♥73 ↻6 💬28 Scaling stablecoin adoption globally means making it work locally.
Today at @kbwofficial, our CEO @AndreyLazorenko and Head of Markets @LiliaSeverina1 discussed the role of stablecoins in the wider financial system.
From @ADI_Foundation’s perspective, three priorities stood out: • Local currencies that reflect how people and businesses transact. • Integration with existing banking and payment systems to support everyday use. • Interoperability across currencies and networks as adoption grows.
These priorities guide ADI Chain’s work to help institutions bring digital assets into real financial activity.
Thank you to the panelists and everyone who joined the discussion in Seoul. https://x.com/ADIChain_/status/2105668595481203049
## @ZestProtocol (Zest Protocol) · 10-01 13:00 · ♥63 ↻11 💬12 Over $7M in USDCx is now borrowed on Zest Protocol @Stacks Market.
Stablecoins borrowed against supplied collateral, with incentives for qualifying USDCx borrowers. Capital at work on the largest Bitcoin L2. https://t.co/Cd5hvnno6U https://x.com/ZestProtocol/status/2105643938606612506
## @dorisyincpa (Doris Yin 东方紫莲🪷) · 10-01 11:39 · ♥46 ↻15 💬4 🪷📖 GCV PIONEER EDUCATION #128 — PART 1 📖🪷
🌍 Pi Network and Open Standard Partnership: What Should Pioneers Really Focus On?
Pi Network has announced a partnership with Open Standard, and will explore the use of Open USD (OUSD) within the Pi ecosystem, as well as potential reward programs for Pioneers.
Open Standard says that its ecosystem brings together 200+ partners across payments, finance, technology, and crypto.
This partnership is worth paying attention to.
However, I want all Pioneers to understand one very important point:
We should not focus only on one technology tool. We should look at the entire ecosystem!
I have always emphasized:
🪷 DEX is a tool, not the destination!
Likewise, CEX, stablecoins, wallets, DApps, payment systems, cross-border payments, smart contracts, and other financial infrastructure are all tools.
The value of a tool comes from the real utility it can provide to the ecosystem.
If we spend all our time discussing:
“When will the DEX succeed?”
“Which exchange will list Pi?”
“When will the price increase?”
while ignoring users, merchants, applications, payments, education, and global ecosystem development, we can easily lose sight of what truly matters.
---
🌍 Pi Needs a Complete Global Ecosystem
A global ecosystem with long-term potential cannot depend on only one technology.
We need:
🌍 A global Pioneer community 🏪 Merchants and real business applications 📱 DApps and developers 💳 Payment infrastructure 🔄 DEX 🏦 CEX 💰 Stablecoins and financial tools 📖 Community education 🤝 Global partners 🔐 Trust and long-term consensus
These elements should not be viewed as competitors or as mutually exclusive.
Instead, they should work together and complement one another.
Therefore, Pioneers should not develop the mindset:
“As long as the DEX succeeds, Pi will succeed; nothing else matters.”
That is an incomplete way of thinking.
DEX has its own function.
CEX has its own function.
Stablecoins have their own function.
Payment systems have their own function.
Community education has its own function.
We need all of these tools to work together in service of the global Pi ecosystem.
---
💳 Why Are Payment and Financial Infrastructure Important?
If Pi wants to expand its real-world global use cases, payment and financial infrastructure will naturally be an important part of ecosystem development.
That is why we should pay attention to Pi’s connections with different global partners.
A global digital economy needs to connect:
Users → Wallets → Merchants → Payments → Applications → Financial Infrastructure → Global Economic Activity
rather than keeping users permanently focused on:
“Buy, sell, and wait for the price to increase.”
A healthy ecosystem should allow digital assets to participate in more real economic activities.
Therefore, whenever we see a new partnership, we should ask:
Can it ultimately increase Pi’s real Utility?
If it can contribute to more payment scenarios, more merchants, more users, more applications, and more global connections, then it can have meaningful ecosystem value.
---
🪷 We Should Not Turn Different Tools Against Each Other
I especially want Pioneers to stop thinking in terms of:
DEX versus CEX.
Stablecoins versus Pi.
Technology versus community.
Technology development versus education.
These are incomplete ways of thinking.
A mature global ecosystem needs different tools to coexist.
DEX has its function.
CEX has its function.
Stablecoins have their function.
Payment systems have their function.
Wallets have their function.
DApps have their function.
And community education has its own important function.
What we truly need is cooperation, not division.
Pi’s ecosystem cannot be built by one tool alone.
It requires:
Technology + Users + Merchants + Applications + Payments + Education + Trust + Global Partnerships
to work together.
That is what a complete ecosystem requires.
Doris Yin To be continue... https://x.com/dorisyincpa/status/2105623696631103620
## @EchoTrade_io (EchoTrade) · 10-01 14:34 · ♥48 ↻5 💬10 How Much Does a Crypto Market Maker Cost? https://x.com/EchoTrade_io/status/2105667754074247426
## @DeFi_Dad (DeFi Dad ⟠ defidad.eth) · 10-01 14:39 · ♥47 ↻1 💬10 How do I bet on DeFi, stablecoins, AI, and privacy?
The ticker is ethereum:native https://x.com/DeFi_Dad/status/2105668902265225498
## @sytaylor (Simon Taylor) · 10-01 13:20 · ♥41 ↻6 💬5 🧠 Fintech is Dead https://x.com/sytaylor/status/2105649123806351819
## @Diphunter18 (Diphunter ¤) · 10-01 11:57 · ♥40 ↻6 💬4 I think people don’t realise how much @aave has actually shipped over the last few months.
V4 went live on Ethereum in March, Avalanche in July and Arc in September, bringing the new Hub & Spoke architecture with it.
That sounds like an upgrade, but it changes what Aave can actually build. Liquidity sits in shared Hubs while individual Spokes can have their own assets, risk parameters and liquidation rules. That gives Aave a way to add completely different markets without having to rebuild the liquidity layer every time.
And we’re already seeing what that looks like. Aave Horizon brought permissioned RWAs into Aave, allowing qualified borrowers to borrow stablecoins against tokenized assets while the supply side remains open to stablecoin liquidity.
Now Aave is taking that further with tokenized equities. Seven Coinbase tokenized stocks are already live as collateral on Aave V4 on Base, with USDC as the initial borrowable asset.
There’s also Aave Institutional, currently proposed as an offchain lending business where institutions can borrow stablecoins against BTC and ETH held with qualified custodians. The proposed net interest margin would accrue to the DAO.
Then there’s the consumer side. Aave App is turning Aave-powered yield into a normal savings experience with bank deposits, withdrawals and self-custodial accounts underneath the hood.
Stable Vaults takes the same infrastructure and opens it up to other businesses.
A neobank, wallet, exchange or fintech can integrate Aave-powered yield without having to build the entire yield infrastructure itself.
We’re already seeing that distribution with products like Whop Treasury, MetaMask’s Stablecoin Earn and Kraken’s DeFi Earn.
GHO is becoming another important layer. GHO is now deployed across nine networks, while sGHO gives it a native savings product. Chainlink CCIP now supports GHO and sGHO transfers, Aave’s cross-chain governance and Stable Vaults.
Aave is also making the underlying liquidity more productive. The V4 Reinvestment Module can deploy approved idle protocol liquidity into strategies such as short-term Treasuries and bring it back when the liquidity is needed for borrowing.
And then there’s Aave Kit, the MCP server and the broader developer stack. Aave is making it easier for other applications, fintechs and even AI assistants to build directly on top of the protocol.
That’s the part I think gets missed.
Aave isn’t only shipping a better lending protocol. It’s building the liquidity layer, the RWA layer, the stablecoin layer, the savings products, the institutional rails and the distribution around it.
And now the value-capture side is starting to catch up. The Aave Will Win framework calls for 100% of revenue from Aave-branded products to flow to the DAO. The DAO had already bought more than 205k $AAVE through the buyback program before buybacks were paused.
Now @StaniKulechov has teased a possible burn mechanism for Aavenomics 3.0.
Nothing is confirmed yet.
But if Aave keeps adding new sources of economic activity while more of that revenue flows back to the DAO, the question becomes pretty simple: How much of everything Aave is building eventually accrues to $AAVE?
As I said once, investable Token 👻 https://x.com/Diphunter18/status/2105628225770537341