[Gate Founder Dr. Han: Stablecoins Have Prevailed, Banks Are Moving from Opposition to Collaboration] According to an exclusive interview published by CoinDesk during Consensus 2026, Gate founder and CEO Dr. Han stated that the debate over whether stablecoins threaten the traditional banking system has, in practice, already been resolved in favor of stablecoins. Banks are transitioning from early-stage defense and opposition to pragmatic collaboration and adoption. Dr. Han believes that banks have not been replaced in the competition with stablecoins; instead, they are gradually viewing them as more efficient tools for payments and settlements. Although some regulatory bodies and banking organizations remain cautious about the revenue mechanisms of stablecoins, crypto-native trading platforms, with their 24/7 markets and on-chain liquidity structures, are reshaping the operational efficiency of traditional finance. On the market structure level, Dr. Han noted that the "four-year cycle" historically dominated by Bitcoin halving events is weakening. As the crypto market expands in scale and becomes deeply integrated with the global economy, its trends are increasingly driven by external factors such as the macroeconomic environment, U.S. stock market performance, and AI technology cycles. The crypto industry has evolved from a phase of fringe innovation to becoming an integral part of the traditional financial system. Against this backdrop, Gate is accelerating its efforts to bring real-world assets (RWA) on-chain through brand upgrades and global collaborations. This initiative lays a solid foundation for enabling 24/7 on-chain trading of assets such as stocks, precious metals, indices, foreign exchange, and commodities.