Infini Founder Christian: The Essence of Stablecoins is as a 'Dollar Substitute', Core Demand Arises from Underdeveloped Financial Markets

On April 21, during the roundtable discussion titled ‘Decoding Web 4.0: When AI Agents Take Over On-Chain Authority’, Infini founder Christian discussed the relationship between stablecoins and AI Agents. He stated that the underlying logic of stablecoins is not complex, focusing on two main points: first, they serve as a substitute for the dollar, providing a universal currency with settlement and transaction value for global users; second, they are born and widely used in regions with underdeveloped financial infrastructure. Therefore, the real demand for stablecoins primarily comes from emerging markets rather than developed countries with well-established financial systems. In terms of practical application, Christian emphasized that the greatest value of stablecoins lies in the reconstruction of payment and settlement efficiency. Compared to the traditional banking system, which incurs costs of $30–50 per transaction and has a connection cycle of several weeks, current on-chain transaction costs have dropped to a few dollars, making micropayments and high-frequency settlements possible. He cited Infini’s product as an example, stating that users can generate a stablecoin payment link within a minute without any coding skills and quickly distribute it across various social or business scenarios, enabling instant payments globally. This model is nearly impossible to achieve in the traditional financial system, as businesses typically face lengthy account opening and payment integration processes.