While we are hotly discussing the stablecoin bill, it seems that we have overlooked the actual application value of the stablecoin market. For those with traditional cross-border payment settlement experience, T+1, T+2, or even longer settlement cycles are commonplace, but T+0 always seems to be out of reach.

However, stablecoins, with their natural cross-regional circulation characteristics, provide a perfect solution to this problem. In this field, humafinance is playing an active role. Through their Payfi product, we can see the Arf project collaborating with Circle, utilizing USDC for cross-border Settlement.

In this business model, Arf pays Huma an annual interest of 11%-13% as the cost of funds, while Huma provides users with two participation options: classic and maxi. Although the profit margin may not be very high, as long as risk is properly controlled, the potential of this market is enormous.

As countries gradually完善相关法规, this market will surely continue to expand. Although the current returns may not be very rich, in the long run, this field contains immense development potential. By坚持投资 and continuously关注 this field's development, I believe there will eventually be substantial rewards.

The application of stablecoins in the field of cross-border payments is pushing the traditional T+N model into a new era of T+0. This not only improves the efficiency of fund turnover but also brings new possibilities to the global financial system. We have reason to believe that, with advancements in technology and improvements in regulations, stablecoins will play an increasingly important role in the field of international payments.