Stablecoins allow money to circulate freely like information

a16z 宣言。 Web3 Web3 value Internet, emphasizing the concept of “Own”. We can democratize and monetize information and realize the seamless global circulation of currency or value through blockchain technology.

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The Internet may be the most important invention of the 20th century. It has changed the world, and its impact is as far-reaching as that of early technological revolutions such as the printing press, steam engine, and electricity. Its early architects did not build it as a centralized organization, but as an open platform that anyone - artists, users, developers, companies, etc. - can access equally. With relatively low cost and without approval, anyone anywhere can create and share code, art, writing, music, games, websites, startups, or anything else people can imagine.

Everything you create belongs to you. I believe that the history of the Internet can be divided into three stages, each marked by a major network architecture: Stage YesWeb2's "Democratization of ownershipAccess to data that was previously only accessible to a small number of company affiliates (such as shareholders and employees)

was not built for the Internet, but for the massive

networking that was previously only accessible to a small number of company affiliates (such as shareholders and employees)

In September 2024, September 200The average remittance fee is These are not just friction points—they are actually a regressive tax on some of the world’s poorest. Still still or completely beyondfor many businesses, the inefficiency of traditional paymentPaymentThis is not theoretical—— It's already happening. For example, SpaceX is using stablecoins to manage its corporate funds (including repatriating funds from countries with unstable currencies like Argentina and Nigeria). Other companies like ScaleAI are using stablecoins to pay their employees around the world more quickly and cheaply. At the same time, in the B2C field, Stripe is the first widely used src="https://img.jinse.cn/7337710_image3.png" type="block" how="" stablecoins="" will="" eat="" and="" what="" happens="">Unlike old financial structures, stablecoins are global by default. They exist on the blockchain: anyone can , , text="" mso-fareast-="">negotiated with dozens of banks. You

15.6trillion U.S. dollars worth

crypto assets

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Converting from stablecoins to local currency can cost anywhere from 5% to 0%. Soon it will beJust asWhatsAppdisrupted expensive international phone calls, blockchain payments and stablecoins are transforming global money

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——framework for distinguishing network tokens from security tokens——can prevent bad actors whilestable coinspaving the way for adoption and integration into the global financial system.

Traditional finance is built on private and closed networks

Open Money Think of it as a public highway system. Private companies can still build vehicles, operate businesses, and develop attractions along the way. But the roads themselves are neutral and open to everyone.

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Just as early internet startups were able to thrive once they were sure they wouldn't be shut down by telecom companies or copyright lawyers, cryptocurrencies are ready to make the leap from financial experiment to infrastructure pillar, with stablecoins leading the way.

We don't have to patch the old system. We can create a better one.