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Odaily Planet Daily News: Jack Zhang, co-founder and CEO of Airwallex, posted on X platform questioning the actual use of stablecoins. He said: Investors keep asking me questions about stablecoins and how they can reduce foreign exchange fees; If you transfer money from US dollars to euros and the recipient still needs to receive euros at their bank, there is no way for stablecoins to reduce costs - the conversion cost from stablecoins to the receiving currency is much higher than in the foreign exchange interbank market. Encryption technology is an unexplored field, and no application cases of encryption technology have been seen in the past 15 years.