TechFlow news, on August 3, Alec Goh, Head of HTX Ventures, was invited to attend GM Vietnam 2025 - Vietnam Blockchain Week, where he shared deep insights on stablecoin development at the roundtable forum themed "Stablecoin - The Most Viable Use Case for Crypto Adoption".
Alec pointed out that the stablecoin market cap has surpassed $250 billion, growing 60% year-to-date, demonstrating strong upward momentum. With regulatory clarity in countries like the United States and active participation from traditional institutions, stablecoins are evolving from crypto-native tools into global financial infrastructure, currently in the early stage of mainstream integration. He added that stablecoins are becoming the foundation of value settlement and liquidity within digital financial infrastructure across key use cases such as on-chain credit markets, RWAs, and cross-border trade.
Regarding the future development path of DeFi, Alec believes that with continued maturation of solutions such as DID, compliance layers, and proof-of-reserves mechanisms, fully compliant DeFi will become possible.
He emphasized: "The future is not a binary opposition of 'centralized vs decentralized', but rather the combination of 'compliance and composability'. Legal frameworks and on-chain technologies will co-evolve, ensuring both global scalability and preservation of crypto's core principles. Whether systems are centralized or decentralized, the most important factor is meeting user needs. If decentralized trading continues to deliver superior value, the market will naturally gravitate toward it."
