#稳定币发展 Airwallex The nodes of this round of financing are worth following. With a valuation of 8 billion dollars and a rise of 30% over six months, it shows that the capital enthusiasm in the payment track is still online. However, the core highlight is not the scale of financing, but their clear move to lay out the stablecoin infrastructure.

From an on-chain perspective, what does it mean for traditional payment companies to enter the stablecoin space? Which chains will the flow of funds migrate from, and which stablecoin issuers will face competitive pressure? These are all worth tracking. Airwallex's engineer recruitment started as early as July, and now that the financing is complete, infrastructure development is expected to accelerate.

It is important to note that the advantage of payment companies issuing stablecoins lies in the fiat deposit channels and merchant networks, but details such as on-chain contract deployment and cross-chain liquidity depend on their technical reserves. Future observations can be made on market reactions by looking at the inflow and outflow from stablecoin addresses and their competitive relationship with existing USDC and USDT.