to leave a comment.

▲ Tether (USDT), Bitcoin (BTC)/AI generated image
Bitcoin (BTC) plummeted more than 40% from its all-time high, and sluggish demand continued for over 200 days. However, the spread of stablecoins did not stop. The Tether co-founder emphasized that stablecoins, which are used regardless of market volatility, have already established themselves as financial infrastructure.
According to crypto media outlet TheStreet on July 27 (local time), Reeve Collins, co-founder of Tether and incoming chairman of ReserveOne, said, “Stablecoins are no longer an experiment. They are transforming into a core layer of financial infrastructure.” He also noted that JPMorgan, PayPal, and several countries issuing their own stablecoins is the strongest validation the industry could ask for.
Collins explained that while early stablecoins focused on digitizing the dollar, the next step is to change how value moves across the entire financial system. He stated that money is becoming a programmable asset that moves 24 hours a day, settles in seconds, and interacts directly with software.
Stablecoin transaction volume has already grown to rival some of the world's largest payment networks. Collins called this a significant milestone, but predicted that real change would occur when companies stop treating blockchain as a separate technology and begin to expect an environment where money moves like information.
Regarding Bitcoin's bearish trend, he diagnosed it as a cyclical process recurring in emerging technologies. He explained that while speculative demand receded, the underlying infrastructure was strengthened, and unlike previous bear markets, regulatory clarity, institutional participation, and real-world use cases have expanded. Collins emphasized that the value of stablecoins comes not from price appreciation but from payments, settlements, fund management, and accessibility to global financial markets.
BlackRock, Fidelity, and Franklin Templeton are also participating in the stablecoin market. Collins stated that institutional questions have shifted from 'why use blockchain?' two years ago to 'how to implement it?' today, adding that the winner in future finance will be determined not by whether it's on-chain, but by the infrastructure that creates the most value.
[Article Key Summary]
-Bitcoin has fallen more than 40% from its all-time high, and sluggish demand has continued for over 200 days.
-The Tether co-founder assessed that stablecoins have become a core financial infrastructure operating independently of market fluctuations.
-With the entry of major institutions such as BlackRock and Fidelity, market interest has shifted from whether to adopt blockchain to how to implement it.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
Newsletter
Get key news delivered to your email every morning
to leave a comment.