According to CoinMeta, Arthur Hayes indicates that U.S. policymakers may support the AI industry and government debt financing through additional money printing, thereby driving up the prices of cryptocurrencies. He points out that if China shifts from limited tightening to large-scale monetary stimulus, it could also boost demand for scarce assets. Hayes also focuses on financial pressures in France, including BNP Paribas related credit default swaps and government bond yield spreads. The Portal Ventures of Catrina Wang believes that banks and asset management companies have advantages in blockchain financial markets. The Todd McDonald of Portal Ventures states that public blockchains can help institutions reach a wider range of customers. The World Liberty Financial of Justin Kugel suggests that users' demand for asset management leaves room for intermediary institutions. The Franklin Templeton of Chetan Karkhanis indicates that the company has no intention of issuing stablecoins and hopes to provide investment returns through tokenized money market funds. The Codex of Haonan Li mentions that trade routes connecting Latin America and Asia are driving demand for stablecoin payments.