According to online reports, Jack Zhang, co-founder and CEO of corporate payment and financial platform Airwallex, once again commented on stablecoins, saying: Most people misunderstand that stablecoins are for global currency flows. The real use of stablecoins is to build a "monetary ecosystem" of the Internet. stablecoins are the currency of the Internet, but the biggest challenge is how to prove that it is a "clean currency." Only platforms with distribution capabilities can do this. Stripe, Revolut and Airwallex all have such distribution capabilities, as well as the technology to build financial products on the Internet. Platforms with distribution capabilities can easily embed stablecoins into their products, convert existing "clean currencies" in the system into stablecoins, and issue new financial products to monetize them. The Genius Act prohibits issuers from paying earnings, which is the position of central banks around the world. This is bad news for many startups... stablecoins are not technical games, they are distribution games, and many technology platforms have both technology and distribution.