Moderator: Aaron (@R2)

Speakers:

• Jamie (CMO @BitgetWallet)

• Maggie (@ETHGlobal)

• Maxonsis (@Cointelegraph)

• Aniket (@R2)

1. Stablecoins are everywhere now — what’s driving their mainstream adoption?

• Institutional players are embracing stablecoins for their lower risk compared to volatile assets like memecoins, signaling a maturing crypto market. (Maxonsis)

• In inflation-hit regions like Turkey, stablecoins act as a hedge against currency devaluation and help users preserve their wealth. (Jamie)

• Stablecoins make cross-border transactions—like splitting bills or making business payments—practical, fast, and efficient. (Maggie)

• In emerging markets such as Latin America, stablecoins provide access to a "digital dollar," offering stability amid economic uncertainty. (Aniket)

2. Do you think real-world assets (RWAs) are the future of DeFi, or just a narrative?

• R2 is focused on yield-bearing stablecoins backed by RWAs, offering 10–12% APY with low volatility. RWAs are seen as a bridge between DeFi and TradFi, and transparency — through third-party audits and proof-of-reserve dashboards—is. (Aniket)

• Simplified UX is a priority, with builders abstracting gas fees and chain complexity to make stablecoins accessible to everyday users. (Maggie)

3. What role will wallets play in helping onboard the next wave of users into RWA-based products?

• Wallets, like Bitget Wallet, are evolving into all-in-one platforms—combining identity, yield dashboards, and investment tools. Their Mastercard integration, enabling stablecoin spending at 150+ merchants, highlights real-world utility. (Jamie)

• Wallets are critical to onboarding the next billion users, offering intuitive interfaces and low entry barriers—like $1 minimums to start earning yield. (consensus)

4. In your opinion, what does "mass adoption" of yield products actually look like?

• Yield-bearing stablecoins will become the default—even for non-crypto users—thanks to trust, simplicity, and attractive returns. (Aniket)

• Everyday use cases, like paying for groceries or car registration with stablecoins, will drive organic adoption through real-world integration. (Jamie)

• Mass adoption means users earning DeFi yields (e.g., 7%) without needing to understand terms like TVL or vaults—seamlessly integrated into apps they already use. (Maggie)

5. What are the biggest challenges and risks today?

• Confusing wallet interfaces and lack of user education fuel scams and reinforce the "crypto is a scam" narrative. (Maxonsis)

• Regulatory uncertainty remains a hurdle, though frameworks like MiCA and the Genius Act are helping boost institutional confidence. (Aniket)

• A fragmented multi-chain landscape creates friction for builders, highlighting the need for better bridging and seamless interoperability. (Maggie)

• Security is critical—rigorous testing and ongoing education are essential to mitigate risks like bridge exploits, especially in multi-chain deployments. (Jamie & Aniket)

6. What will separate the winners from the rest in this new RWA x stablecoin wave?

• Projects with strong regulatory alignment and transparent operations—such as audited proof-of-reserves—will stand out in a crowded market. (Aniket)

• Seamless UX and composability, including simplified mint-hold-earn flows and integration with DeFi platforms like Uniswap and Aave, will be key differentiators. (consensus)

• Early-stage projects that secure the right investors and infrastructure partners—from accelerators to custodians—will have a stronger foundation for growth. (Maxonsis)

Huge thanks to Jamie, Maggie, Maxonsis, and Aniket for sharing such valuable insights during the AMA! The conversation was sharp and forward-looking—we're excited for what’s next. Stay tuned, there’s more to come!