1. #稳定币 is becoming a new tool for corporate settlement

Compared to traditional cross-border payment models, stablecoins are gradually becoming a new type of settlement tool for enterprises due to advantages such as reduced exchange rate losses, transaction transparency, and efficient settlements. According to a research report published by Ernst & Young (EY) in September 2025 (Stablecoins: adoption, optimism and regulatory clarity), 13% of enterprises have started using stablecoins for cross-border payments, mainly to reduce transaction costs and speed up payment processes. Among them, 41% of existing users reported that using stablecoins has reduced international transaction costs by at least 10%, while 54% of non-users plan to adopt stablecoin payments within the next year, indicating strong market interest and potential demand.

These data indicate that enterprises' focus on using stablecoins lies in payment efficiency, security, and compliance— in other words, as enterprises increase their practice of using stablecoins, the focus has shifted to building a reliable, transparent, and auditable "settlement track." Through this track, enterprises can achieve the safe and efficient flow of cross-border funds without having to worry about the underlying currencies or technical details.

2. From "Currency Competition" to "Track Construction"

In recent years, competition in the stablecoin market has focused on currency market value and issuance scale, with the volatility of USDT and USDC being a long-term core discussion in the industry. However, as enterprise needs deepen, the focus has shifted to "can it be used directly, is it compliant, can issues be traced back," marking a transition of stablecoin competition from "currency disputes" to the "track construction" stage.

The Ernst & Young report shows that enterprises tend to rely on third-party technology and compliance support when using stablecoins: 79% of financial institutions plan to rely on third-party services, and 73% will obtain licenses through partnerships to cope with the complexity of stablecoin integration. Most enterprises immediately convert stablecoins into fiat currency after transactions due to regulatory clarity and liquidity considerations.

These data further confirm the importance of stablecoin "track construction," transforming stablecoins into backend resources and making the reliability, compliance, and auditability of settlements the frontend experience, just like how users of mobile payments such as WeChat do not need to focus on the underlying channels. This logic requires support from both technology and models:

● Technically, by enabling efficient exchanges and dedicated payment channels between stablecoins and fiat currencies, issues such as additional fees and settlement delays that may arise during cross-currency transactions are addressed.

● At the model level, enterprises not only need to integrate multiple currencies but also require a platform capable of unified management of transactions, executing compliance reviews, and tracking fund flows;

The practical application of the innovative financial infrastructure platform Interlace, which bridges Web2 and Web3, aligns perfectly with this trend: enterprises can achieve unified management and exchange of fiat and cryptocurrencies through Interlace, and connect various scenarios through global accounts, Infinity Card, and other products. Enterprises can perform transfers, crypto payments, and online purchases, while financial personnel can view multi-user transaction records in real-time, truly achieving "no need to focus on the underlying, concentrate on the user experience." This combination of "account + payment tools + technical adaptation" is a typical manifestation of stablecoin "payment track."

3. Compliance and Ecology: The Value Closed Loop of Stablecoin Track

The core of a high-quality stablecoin payment track lies in compliance, reliability, and auditability. As the global stablecoin regulatory framework gradually clarifies by 2025— the U.S. GENIUS Act requires a 1:1 reserve pegged to the dollar and monthly disclosure, the MiCA Act does not include algorithmic stablecoins in the regulatory framework, and Hong Kong (stablecoin regulations) controls through a licensing system— compliance has become the "lifeline" of the payment track, and platforms lacking compliance capabilities find it hard to survive long-term.

For track builders, compliance capabilities not only determine the coverage but also the credibility of enterprises, requiring a dual approach of "licenses + technology." Currently, Interlace has obtained financial licenses in the U.S., Hong Kong, Lithuania, Luxembourg, and other regions, forming a cross-regional network; holding PCI DSS Level-1 security certification, and combining non-custodial MPC wallets with on-chain AML, KYC, and KYT systems to achieve full-chain transaction traceability and real-time risk monitoring. This system ensures the safety and auditability of enterprise funds and meets regulatory requirements across multiple regions. Among the 12,000+ enterprises it serves, including leading institutions such as Bitget, its compliance capabilities are the core factor in gaining market recognition.

On the basis of the compliance track, ecosystem construction is key to unlocking the value of stablecoins. According to a survey (Stablecoins: adoption, optimism and regulatory clarity), 56% of enterprises hope stablecoin payments can be embedded in existing financial systems, and 70% indicated they would be more inclined to adopt if integrated with ERP systems. This indicates that enterprises are not only concerned about payment settlements but also hope to realize fund management, appreciation, and multi-scenario payments through tracks, and achieve business systemization through embedded APIs, smart contracts, and other means.

For example, through Interlace CaaS API, quick integration can be achieved in 1-2 weeks to issue customized white-label cards, providing over 30 card segments, covering multiple scenarios for online and offline consumption; idle funds of enterprises can be appreciated through low-risk, high-liquidity dollar money market funds, etc. In this way, the compliance track is closely integrated with the ecosystem, ensuring payment security while creating sustainable value for enterprises.

5. Conclusion

As enterprises' demands for payment efficiency, fund security, and compliance continue to rise, the true value of stablecoins lies not in the currency itself but in whether a reliable, transparent, and auditable "settlement track" can be constructed. On this track, enterprises can achieve efficient cross-border fund flows and establish flexible ecosystems covering fund management, appreciation, compliance auditing, and multi-scenario payments.

Whoever can build a comprehensive ecosystem on the compliance track can make enterprise payments and fund management more efficient, secure, and sustainable, thereby truly unlocking the commercial value of stablecoins. The construction of this payment track not only provides enterprises with new settlement tools but also lays the foundation for future intelligent and systematic enterprise operations, which is worth looking forward to.