TechFlow, October 2 — Dr. Markus Franke, CEO and Co-Founder of Mento Labs, delivered a keynote speech titled "Stablecoin Innovation and the New Landscape of Global Financial Systems" today at the Global Onchain Assets Summit hosted by HashKey Group during TOKEN2049. Citing data, he noted that stablecoins have surpassed $27 trillion in annual transaction volume.
"Stablecoins are not merely supplements to the U.S. dollar—they are becoming critical infrastructure for tokenizing foreign exchange assets globally," he said. In his view, locally fiat-pegged stablecoins can play a pivotal role in cross-border payments, credit inclusion, and capital markets, addressing gaps left by traditional systems and potentially bringing financial access to billions still excluded from the global financial system.
