Web3小律
探索Web3边界。
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In the era of multi-track systems, the boundaries and evolution of cross-border payment PSPs
The Evolution and Dilemma of PSP: Digital payments have become mainstream, but settlement lags behind. How can stablecoins restructure capital efficiency? In-depth analysis of the challenges and future direction of modern payment architecture.
Web3小律
The tollbooth in Hormuz, and the unavailable RMB.
Why is it difficult to buy RMB despite global trade surpluses? USDT and gold are emerging as alternative channels, and CIPS is quietly expanding. This article provides a comprehensive understanding of the new capital flows following the disordered dollar.
Web3小律
The most crypto-loving people are becoming the least crypto-loving.
The most radical cryptocurrency believers are now quietly integrating into the traditional financial and technological system by turning to AI, RWA (Real-World Asset On-Chain), and stablecoin payments.
Web3小律
Web3 Compliance: Licensing Strategies for Stablecoin Payment Projects at Different Stages
Compliance systems (Posture) cannot be neglected, but licenses (Licenses) can wait.
Web3小律
The real target of this "open conspiracy" in Hong Kong has never been stablecoins.
Why were the first batch of stablecoin licenses issued by the Hong Kong Monetary Authority (HKMA) disappointing? This article analyzes the situation from a game theory perspective, revealing its deeper strategy of supporting e-HKD infrastructure and vying for Hong Kong dollar clearing sovereignty, rather than simply developing the commercial stablecoin industry.
Web3小律
Beyond RWA: With the implementation of Document No. 42, China's regulatory framework for virtual assets is taking initial shape.
Document No. 42 brings all three types of virtual assets/digital assets—virtual currencies, stablecoins, and real-world asset tokens—under regulation, filling previous regulatory gaps and making it the most precise and complete legal regulation document in the field of virtual asset-related businesses in mainland China.
Web3小律
拨开稳定币支付迷雾：实际支付仅占整体交易量一成
3.5 万亿交易量 VS. 3900 亿真实支付。
Web3小律
Stablecoins in 2025: You're in the Dream of the Red Chamber, I'm in Journey to the West
What has changed fundamentally about stablecoins that have garnered global attention in 2025, and what hasn't actually changed at all?
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From Blockchain to Everyday Life: An Overview of Global Stablecoin Consumption Patterns
Stablecoins have shifted from financial instruments to everyday consumer payments. Although they only account for 5% of global transactions, they are growing rapidly in industries such as B2B, e-commerce, travel, and gaming, with emerging markets being particularly active. Infrastructure and regulation are accelerating their adoption.
Web3小律
Beyond stablecoin payments, Visa quietly opens the gate to on-chain lending
On-chain lending is an important application scenario in the crypto ecosystem. Whether on-chain or off-chain, it has successfully found a strong product-market fit.
Web3小律
McKinsey 2025 Global Payments Report: Development Considerations under Multiple Payment Tracks
McKinsey 2025 Global Payments Report: Development Considerations under Multiple Payment Tracks
Web3小律
FXC Intelligence：2025年稳定币跨境支付现状
该行业起始的根基在于加密货币交易领域：它就是从那里起步的。不久之后，我们就开始探索稳定币的新用例。
Web3小律
Deconstructing the Stablecoin Sandwich: How to Reshape Global Capital Flows?
Payment is far more than just "point-to-point transfer". The real enterprise-level scenario is far more complicated than "sending money from A to B".
Web3小律
A duck knows when the river water warms in spring. Visa’s understanding of the next stage of stablecoins
We will excerpt Visa’s views and combine them with some of my own thoughts to jointly explore the next stage of stablecoins.
Web3小律
Exclusive interview with Tether CEO: Genius Act, Circle IPO, Bitcoin and Tether’s trillion-dollar market value
At this historic moment in the development of stablecoins, Tether CEO Paolo Ardoino gave his own understanding.
Web3小律
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