Fu Peng: Traditional financial institutions will accelerate their entry into the cryptocurrency market, and stablecoin payments along with the financialization of Bitcoin will open a new chapter

By: rootdata|2026/04/23 12:42:01
0
Share
copy

Chief Economist Fu Peng of New Fire Group delivered a speech at the 2026 Hong Kong Institutional Digital Wealth Management Summit, stating that the integration of traditional financial institutions and the cryptocurrency market will herald the arrival of a new era in the market. The participants who will truly succeed in the future are those who can quickly complete their transformation at critical turning points.

Fu Peng cited the Cold War, oil crisis, and the simultaneous rise of computer and semiconductor technology in the 1970s and 1980s as examples, pointing out that technological advancements and global order turmoil often go hand in hand, with risks and opportunities always accompanying each other. He believes that AI and data computing power are now widely recognized as the core productive forces of the next era, indicating that the first half of the cryptocurrency industry has essentially ended, and the industry is at a critical stage of reconstruction and rebirth.

Looking ahead, Fu Peng predicts that stablecoins will take on payment functions, btc-42">Bitcoin will evolve into a core asset with both value storage and financial transaction attributes, and a brand new chapter of the era is about to begin.

-- Price

--

You may also like

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

Hong Kong accelerates the layout of digital finance, providing a panoramic analysis of the evolution of three major on-chain financial forms: central bank digital currency, deposit tokens, and stablecoins, along with future opportunities.

BVNK Founder: Three Stages of Stablecoin Development

Once payments become faster, cheaper, and globally interconnected, stablecoins will not just open up a new market, but a new realm with boundaries that are not yet visible today.

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

The Trump family has a family skill: to exaggerate and make something sound bigger than it actually is.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com