According to Foresight News, during a keynote speech at the EmpowerX Summit hosted by Bitget, Dragonfly Capital founder Haseeb Qureshi discussed the outlook for blockchain and Web3 investments. He stated that the current usage scale of stablecoins is comparable to Visa, with significant growth potential, particularly in areas with underdeveloped traditional financial and banking systems. Qureshi pointed out that in 2022, stablecoin on-chain transactions exceeded $11 trillion, and currently, over 25 million addresses hold more than $1 in stablecoins. If combined, this scale would make it the fifth-largest U.S. dollar bank.

Qureshi also noted that an increasing number of regions are using stablecoins in daily life, especially in areas with underdeveloped traditional financial and banking systems, where there is a high demand for stablecoin payments and usage. Currently, 5 million addresses conduct stablecoin transactions every week, with 75% of them involving transactions below $1. He believes that the number of active stablecoin trading addresses will continue to increase, and the scale of stablecoins will continue to expand. As usage becomes more widespread, the need for stablecoin-related clarity will also increase.