Founder of WSPN delivered a speech titled 'Stablecoin 2.0: Blueprint for the Global Digital Economy' at the Token2049 conference in Singapore.

Founder and CEO Raymond Yuan of the stablecoin infrastructure company WSPN (Worldwide Stablecoin Payment Network) delivered a speech titled 'Stablecoin 2.0: Blueprint for the Global Digital Economy' at the Token2049 conference in Singapore today, as reported by Foresight News. In his presentation, he elaborated on the concept of Stablecoin 2.0 and its significance in the AI era. Raymond Yuan emphasized that Stablecoin 2.0 will serve as infrastructure on the blockchain network that aligns more with the decentralization ethos of Web3. The core features of Stablecoin 2.0 include determining underlying asset allocation through community governance, achieving on-chain asset proof, and establishing a trust mechanism based on technology and rules to enhance decentralization and transparency. He stressed that in the AI era, the only viable payment solution will be smart contracts based on blockchain, fundamentally driven by stablecoins.