In recent years, when chatting with friends from Turkey, Argentina, and Nigeria, we inevitably end up discussing a headache-inducing topic - inflation.

Just received your salary? Hurry up and spend it. Why? Because prices will go up again in two weeks. The first thing you should do with your local currency is not to ponder how to invest, but to quickly exchange it for dollars or USDT to lock in your purchasing power. This is not a joke; it's real life.

The data has long indicated the problem. Turkey's stablecoin trading volume can reach around $63 billion a year. Just think about it, with an inflation rate soaring above 30% and the local currency plummeting, how can the people not be anxious? Nigeria is even more intense, with over 54 million people using cryptocurrencies, despite the policies being not very friendly. As for Argentina, it's even worse, with triple-digit inflation being the norm, and on-chain activity is basically supported entirely by stablecoins.

The more I look, the more I feel that stablecoins are no longer just a "speculative tool" in these areas. They have become a necessity for survival. The global market capitalization of stablecoins has reached the level of $250 billion, and the monthly on-chain transfer volume is in the trillions. Paying salaries, cross-border transfers, saving money daily—these tasks that should have been handled by banks and SWIFT are now quietly being taken over.

However, to be honest, the current technical experience is far from perfect. The gas fees during peak times on the Ethereum mainnet can be quite painful, and when those popular Layer 2 networks get congested, it can drive people crazy. Many people can only accumulate transfers over several days or even weeks to save on transaction fees, waiting until they have enough to process all at once. This experience is clearly a long way from true "mass adoption."