According to Deep Tide TechFlow news, on June 8, Jack Zhang, co-founder and CEO of Airwallex, questioned the actual use of stablecoins in a post on the X platform. He stated: Investors keep asking me questions about stablecoins and how they can drop forex fees; if you transfer money from dollars to euros, and the recipient still needs to receive euros in their bank, I don't see any way that stablecoins can lower the fees - the conversion cost from stablecoins to the receiving currency is far higher than the forex interbank market. Encryption technology is an unexplored field, and there have been no use cases for encryption technology in the past 15 years.

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