According to PANews on June 8, Jack Zhang, co-founder and CEO of cross-border payment unicorn Airwallex, published an article questioning the actual use of stablecoins. He said that even if the price of stablecoins is stable, if the recipient still requires the account to be credited in local currency (such as EUR), the cost of getting off the stablecoin is much higher than the traditional interbank foreign exchange market, and it is difficult to save costs. In addition, Jack also bluntly stated that "I haven't seen any actual use cases for cryptocurrencies in 15 years", and said that "issuing currency is the responsibility of the central bank", and believed that stablecoins are only financial speculation tools.