Author: Liu Honglin
On April 26, 1956, in Newark Port, an old oil tanker named "Ideal X" slowly sailed out of the harbor. In its cargo hold, there were no gold, oil, or important political figures, but rather 58 uniformly sized, sealed metal boxes. At that moment, humanity witnessed the true meaning of "container" for the first time.
There was no welcoming crowd, nor media coverage. But historians later reflected on this day, deeming its significance comparable to the roar of the steam engine or the birth of the internet. This metal box was not the commodity itself, but it reshaped the way goods flowed; it did not shorten the distance across the oceans, but it completely reorganized the structure of the global supply chain.
Decades later, in the distant digital world, another kind of "standard" is quietly rising. Its goal is not to change the essence of currency, but to provide a unified interface for the circulation of global currency. Today, we still cannot determine whether it can achieve a status similar to that of the "container," but it already possesses all the conditions of a great invention: misunderstood, resisted, underestimated—yet changing the world.
A World Changed by a Metal Box
The global shipping industry in the 1950s was a chaotic place.
Different countries, ports, and companies used different boxes, dock structures, and loading and unloading rules. Every international shipment was a multilingual negotiation and compromise, filled with misunderstandings, delays, and costs.
At that time, loading a ship required hundreds of dock workers to spend three full days or even longer, loading bags and boxes of goods onto the vessel. Unloading was even more of a nightmare: goods were often misplaced, dropped, or even stolen. Each port transfer meant unpacking and repacking, with a cargo damage rate exceeding 8%, and labor costs were astonishingly high.
The departure of "Ideal X" was merely 58 boxes. But the efficiency revolution it brought cannot be ignored. According to data from the United Nations Conference on Trade and Development (UNCTAD), after adopting container shipping, loading and unloading costs plummeted from $5.86 per ton to $0.16, a reduction of over 97%. Shipping times were compressed from several weeks to just a few days. Port operation times were reduced from 72 hours to under 8 hours, with turnover rates increasing by more than 8 times.
The changes in employment structure were even more drastic. The New York port used to employ 1.4 million man-days in 1963, which dropped to 127,000 man-days by 1975, a reduction of 91%. An entire industry was redefined.
People were no longer the main characters; standards became the order.
The structure of global trade also changed accordingly. In the 1970s, ISO adopted 20-foot and 40-foot containers as international standards, and global ports, trucks, warehouses, and ships restructured their systems around these two sizes. Competition among shipping companies shifted from competing on manpower to competing on efficiency and networks.
Researchers like Bernhofen estimated that containerization increased bilateral trade volumes among participating countries by 790%, while the growth rate of any form of free trade agreement at that time was only 45%. This is not an exaggeration, but a historical reality. China's export miracle, the rise of manufacturing in Southeast Asia, and Walmart's global supply chain model were all indirectly created by that metal box.
A country can lack ports, but it cannot be incompatible with containers; a factory can lack a brand, but it cannot be ignorant of the container shipping process.
This metal box took twenty years to reconstruct the entire logic of production and distribution on Earth.
Misunderstood Stablecoins: The "Containers" of the Digital World
Stablecoins were initially regarded as "lacking technological content."
In the eyes of geeks, they are not innovative; in the eyes of Bitcoin believers, they are not sufficiently "decentralized." And in the eyes of traditional financial regulators, they disrupt order and evade regulation, existing in a "gray area."
But what they are doing is precisely embedding the liquidity of the internet into a consensus-based currency standard.
If Bitcoin brought a decentralized attempt at monetary power, then stablecoins bring standardization of transaction processes and efficiency optimization. Stablecoins do not have the macro governance goals of central bank digital currencies, nor do they explore the boundaries of risk and return like DeFi. They only do one thing: allow "stable money" to flow like code.
The effects of this have far exceeded expectations.
By 2025, the global on-chain transaction volume of stablecoins is expected to exceed $27 trillion, nearing the annual total of the global card payment system. Tether (USDT) accounts for nearly 60% of this, with a market capitalization exceeding $155 billion.
The advantage of stablecoins lies not in the value of the coins themselves, but in their on-chain liquidity. They facilitate cross-chain, cross-border, and cross-account clearing scenarios, allowing a fruit exporter in Uganda to receive payments within 5 minutes, without having to wait for a bank wire transfer five days later.
According to data from McKinsey and Chainalysis, the cross-border payment fees for stablecoins are as low as $0.01, compared to an average fee of 6.6% and a 3-7 day settlement period for traditional SWIFT, representing a significant improvement in both cost and efficiency.
More structurally significant is financial inclusion.
Over 1.7 billion adults worldwide do not have bank accounts, but most have smartphones. Wallet + stablecoin = a simple bank account. You do not need KYC, nor do you need a credit score; as long as you have a USDT address, you can receive payments, transfer funds, and manage finances. In countries like Nigeria, Venezuela, and Argentina, stablecoins are almost alternative currencies—they serve as exchange rate anchors, inflation hedges, and a choice for grassroots monetary order.
During the Ukraine war, stablecoins became "digital cash" for refugees, facilitating fundraising, distribution, and procurement through Telegram Bots, all without relying on any government or bank.
From cross-border payments, remittances, and payroll disbursements, to Web3 on-chain protocol clearing, and AI agent smart settlement accounts, stablecoins are becoming the "digital containers" of this world—they may not be the headlines of financial revolution, but they are the "chassis" of the financial system's circulation.
Why "Standards" Change the World, Not "Technology"
Why is technological revolution often "silent"? Why is it that what truly reshapes the world order is not the eye-catching breakthrough innovation, but those "standards" that quietly seep into every system's cracks?
Because standards are not inventions; they are order.
Technology can be closed and localized, while standards must be shared and systemic. They do not rely on superior performance but on widespread acceptance.
Containers are not high-tech, but because they are "usable by everyone," they became the foundation of global shipping. They are not the product of a single company, but the interface layer of an entire industry. Today, over 90% of international trade still relies on standardized containers for logistics.
Stablecoins are also following a similar path: they are not the victory of a specific protocol, but a process in which a universal liquidity standard gradually gains mainstream recognition. They are not the endpoint of transformation, but the starting point of a new order. This is the true power of standards—allowing distrustful people and systems to collaborate without the need for negotiation.
Underestimated Present, Shaped Future
We are standing at the "1956" of stablecoin history.
It has not yet become a world-class mainstream standard. Countries are still weighing its legality; traditional finance still views it as a "temporary tool"; and most users are still unclear whether they are using USDT, USDC, or DAI.
But the order has quietly changed.
Hong Kong has already passed the "Stablecoin Ordinance," and the United States is also advancing compliant issuance. Payment giants like Visa, Mastercard, and Stripe have announced compatibility with stablecoins. In Africa, Chipper Cash, and in Latin America, Bitso, have become digital banks primarily using stablecoins.
From the cryptocurrency space to payments, from payments to applications, and from applications to protocol layers—stablecoins are becoming the "universal interface of the global internet economy." The reason it possesses this potential is not because it is complex, but because it is simple enough, universal enough, and neutral enough.
It may not replace central bank currencies, but it could become the "underlying settlement protocol" for collaboration and value circulation between new systems like Web3, AI, and IoT.
We will eventually understand that what changes the world is often not the most imaginative invention, but the least noticeable "standard."
Containers did not change the power of ships, but they changed the way goods are transported around the world. Containers did not eliminate ports, but made them efficient.
Stablecoins will not replace banks, but they make "having banking functions" an open-source option. Stablecoins have not reshaped the essence of currency, but they may reshape the boundaries of clearing, collaboration, and financial coverage.
The future global clearing network may be woven from algorithms, smart contracts, and consensus mechanisms, and its underlying circulating unit may be digital "containers" defined by code.
It remains unnoticed, yet it is prying open the world.
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