Sei Labs Co-founder Jayendra Jog: The stablecoin yield model has great potential and will surpass the revenue model relying on transaction fees.

SEI0,92%

ChainCatcher news: At the recent “Build and Scale in 2026” themed forum held in Hong Kong, Jayendra Jog, co-founder of Sei Labs, delivered a keynote speech on “The Future of Payments: The State of Stablecoin Development in 2026.” He stated that stablecoins are surpassing DeFi to become the killer application of blockchain, and their revenue models will become more promising than transaction fees.

However, regarding the current surge in “dedicated stablecoin chain” trends, Jayendra Jog expressed a cautious stance. He noted that while dedicated chains have optimized throughput and compliance features, their differentiation advantages are limited, and they have yet to prove effective in driving large-scale adoption.

Jayendra Jog also highlighted the latest developments of Sei Network. He mentioned that Sei Network is now the lowest-cost EVM-compatible stablecoin transfer chain, with an average of only $0.0005 for 200 stablecoin transfers. The upcoming Sei Giga will achieve up to 200,000 TPS throughput and 400 milliseconds finality, providing high-performance infrastructure for stablecoin payments, RWA, and derivatives trading.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Privacy Wallet Shield, built on Aleo, launches the iOS version

Privacy-first wallet Shield, built on privacy blockchain Aleo, launched its iOS version on March 18, allowing users to use it on iPhone with support for private transfers, stablecoins, and cross-chain swaps, while employing zero-knowledge proof technology to protect transaction privacy.

GateNews5m ago

Pi Network launches Security Circle protocol, with Fidelity and Amazon reported as ecosystem certification members

Pi Network has launched the "Security Circle Activation Protocol," aimed at enhancing network resilience and trustworthiness, and promoting integration toward DeFi and Web3. The new protocol introduces a decentralized governance layer, strengthens transaction validation and participant identity verification, and provides a framework for institutional participation. The community is optimistic about rumors of well-known institutions joining, but caution should be exercised pending official confirmation. This technical upgrade is viewed as an important step in driving Pi Coin toward a mature financial ecosystem.

MarketWhisper6m ago

Five Major U.S. Banks Launch Cari Network, ZKsync Tokenized Deposits Challenge Stablecoins

Five major U.S. regional banks have announced the launch of Cari Network, a blockchain payment platform leveraging ZKsync technology to enable real-time settlement while maintaining FDIC insurance protection. Unlike stablecoins, this platform records tokenized deposits directly on bank balance sheets in compliance with regulatory requirements. Facing competitive and regulatory pressures, banks chose to take action before 2026 to capture first-mover advantage. The core strengths lie in legal structure and safeguard mechanisms, but the platform also faces challenges in interoperability and market competition.

MarketWhisper47m ago

Plasma One enters internal testing phase, dedicated to creating a stablecoin payment gateway

The head of the Plasma engineering team stated that Plasma One has entered the private testing phase, aimed at enhancing the usability and user experience of crypto products and building services similar to a new type of digital bank. The team plans to accelerate iteration and open up early access.

GateNews57m ago

xStocks points system, xPoints, open for inquiry, supporting multiple accumulation methods

Gate News reports that on March 18, xStocks announced on the X platform that its points system, xPoints, now has query functionality enabled. Users can automatically accumulate points through three methods: holding tokenized stocks in their wallet, establishing positions in the lending market, and providing liquidity to decentralized exchanges (DEX). xStocks stated that it will announce more partnership information in the coming weeks.

GateNews57m ago

LayerZero Integrates Cardano, OFT Standard Supports Over 700 Tokens Expansion

Gate News, on March 18, LayerZero announced the integration of Cardano, connecting the Cardano ecosystem with over 160 blockchains including Ethereum, Solana, and Aptos. In this deployment, LayerZero's omnichain fungible token (OFT) standard supports over 700 existing tokens natively extending to Cardano. Developers and users can access the aforementioned assets and applications across chains.

GateNews1h ago
Comment
0/400
No comments