Director of Coinbase Ventures looks forward to the future: The intersection of cryptocurrency and AI has become an important trend, and DeFi and Bitcoin will continue to gain momentum.

Here is the English translation of the text, with the specified terms translated as requested: Coinbase Ventures' Investment Director Hoolie Tejwani was interviewed on 12/30 and delved into the key areas of the future development of cryptocurrencies. She believes that cryptocurrencies and blockchain technology are gradually being adopted by the mainstream, but to achieve the vision of billions of people adopting them and trillions of assets being tokenized, there are still many challenges to overcome, and this digital finance revolution is just beginning. Table of Contents - Stablecoins moving from the periphery to core applications, 2025 expected to be a critical year - The convergence of cryptocurrencies and AI as an important trend, with infrastructure becoming more mature - Optimistic about global cryptocurrency regulation - DeFi and Bitcoin, the two major sectors will continue to gain momentum - Optimizing user experience is key to driving global adoption Stablecoins moving from the periphery to core applications, 2025 expected to be a critical year Tejwani mentioned that cryptocurrencies can become a strong backup for traditional finance, especially important stablecoins for regions with weak financial infrastructure. She further said: "The usage of stablecoins may grow 10 to 100 times after 2025, as they significantly reduce the costs of transaction friction." Tejwani stated that Coinbase Ventures is currently investing in several related companies, such as the stablecoin infrastructure provider Bridge, which was recently acquired by payment processor Stripe, and the emerging payment platform bvnk, which are committed to integrating stablecoins into the traditional financial system. The convergence of cryptocurrencies and AI as an important trend, with infrastructure becoming more mature Tejwani is also particularly optimistic about the combination of AI and cryptocurrencies, believing this to be one of the most important trends in the coming years. "AI is a huge scientific revolution sweeping across various fields, and there are already many developers focusing on the integration of AI and blockchain." Tejwani mentioned that AI will gradually give rise to many innovative applications, such as blockchain-based AI agents and decentralized computing processing, which are new models of the interactive economy. Tejwani pointed out that after several hype cycles, the cryptocurrency industry's infrastructure is now in place and very suitable for developing mainstream applications. "We have finally reached the stage of mature blockchain applications, and in the next few years, whether it's gaming, SocialFi, or other application areas, we may see some viral applications start to emerge," Tejwani said excitedly. Optimistic about global cryptocurrency regulation Regarding regulatory challenges, Tejwani believes that the global nature of cryptocurrencies makes regulatory issues more complex, but she is quite optimistic about the future regulatory environment in the United States. "What we're seeing now is a positive regulatory environment, and many developers and businesses are also gradually returning to the United States and focusing on the field of innovation." Tejwani mentioned that as long as the rules are clear, the cryptocurrency industry is expected to attract more mainstream investment and large-scale adoption more quickly. DeFi and Bitcoin, the two major sectors will continue to gain momentum Tejwani also discussed the two major sectors of DeFi and Bitcoin, which will continue to gain momentum in the future. He emphasized that the innovative applications of DeFi will attract more institutional investors. As for Bitcoin, he stated: "Bitcoin's core position as a store of value is quite stable, and the issue of Bitcoin reserves is also spreading globally. Once countries like the United States incorporate Bitcoin into their balance sheets, the price could see extreme growth." Optimizing user experience is key to driving global adoption Regarding the biggest obstacle to the mainstream adoption of cryptocurrencies, Tejwani directly stated that it is still the optimization of the user experience. He said: "If users need to set up a Metamask wallet themselves, we may have already lost the mainstream market." Tejwani believes that future products must allow users to "not need to understand the details of blockchain" to easily complete transactions, which is the key to further attracting mainstream users. Finally, Tejwani emphasized Coinbase Ventures' long-term vision: "Our goal is not only to support short-term speculation, but to precisely invest in the technologies and teams that will change the world in the next 10 years. Our mission is not complete until billions of people and trillions of assets are on the chain globally." Risk Warning

Cryptocurrency investment is highly risky, and its price may fluctuate dramatically, and you may lose your entire principal. Please carefully evaluate the risks.