{"id":751,"date":"2025-06-27T14:56:50","date_gmt":"2025-06-27T06:56:50","guid":{"rendered":"https:\/\/aiwiselnk.com\/?p=751"},"modified":"2025-06-27T15:07:38","modified_gmt":"2025-06-27T07:07:38","slug":"chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc","status":"publish","type":"post","link":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/","title":{"rendered":"Chain Exploration&#8221;The Era of &#8220;Stablecoin as a Service&#8221; Has Begun! Can Paxos Labs, the &#8220;Stablecoin Factory,&#8221; Shake the Dominance of USDT and USDC? &#8220;"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"879\" height=\"288\" src=\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png\" alt=\"\" class=\"wp-image-753\" srcset=\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png 879w, https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image-300x98.png 300w, https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image-768x252.png 768w, https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image-670x220.png 670w\" sizes=\"auto, (max-width: 879px) 100vw, 879px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/Chain-ExplorationThe-Era-of-Stablecoin-as-a-Service-Has-Begun-Can-Paxos-Labs-the-Stablecoin-Factory-Shake-the-Dominance-of-USDT-and-USDC_-.mp3\"><\/audio><\/figure>\n\n\n<h1>Paxos Labs Launches: Can Stablecoin-as-a-Service (SaaS) Spark a &#8216;Hundred Stablecoins War&#8217;?<\/h1>\n<p>Circle&#8217;s soaring stock has ignited capital enthusiasm, and with the U.S. GENIUS Act and Hong Kong&#8217;s stablecoin regulations\u76f8\u7ee7 taking effect, traditional enterprises are eyeing the lucrative stablecoin market. Against this backdrop, veteran stablecoin issuer Paxos has launched Paxos Labs, claiming to help institutions &#8216;issue coins with one click.&#8217; But is the underlying Stablecoin-as-a-Service (SaaS) model reliable?<\/p>\n<h2>Paxos Labs: A &#8216;Stablecoin Infrastructure Toolkit&#8217; for Institutions<\/h2>\n<p>On June 19, Paxos officially unveiled Paxos Labs, an initiative incubated internally for six months, positioned as an &#8217;embedded on-chain financial product infrastructure layer.&#8217; Simply put, it aims to help institutions do three key things:<br \/>&#8211; <strong>Issue branded stablecoins<\/strong>: For example, enabling e-commerce platforms to launch &#8216;XX Coin,&#8217; which users can spend on the platform and integrate into the broader crypto ecosystem.<br \/>&#8211; <strong>Offer yield-generating services<\/strong>: Let users earn interest on their stablecoins through &#8216;programmable yield vaults.&#8217;<br \/>&#8211; <strong>Tokenize traditional assets<\/strong>: Convert bonds, bills, and other assets into tokens for flexible on-chain use.<\/p>\n<p>Its strengths lie in three areas: DeFi-native technology, enterprise-grade reliability, and integration with trusted Real-World Asset (RWA) issuers. The official website has opened applications for collaboration, with the goal of becoming a &#8216;one-stop shop for on-chain products&#8217; for institutions within 18 months.<\/p>\n<h2>Why Bet on SaaS Now? Three Key Market Drivers<\/h2>\n<p>Paxos Labs&#8217; focus on &#8216;Stablecoin-as-a-Service&#8217; represents a shift from &#8216;issuing coins itself&#8217; to &#8216;helping others issue coins.&#8217; This strategy hinges on three market logics:<\/p>\n<h3>1. Market Potential: From $250B to $3.7T<\/h3>\n<p>U.S. Treasury Secretary has predicted the stablecoin market could reach $3.7 trillion by 2035\u201415 times its current size (around $250 billion)! Post-regulation, stablecoins will also drive demand for U.S. Treasuries (80% of today&#8217;s $250B stablecoins are backed by Treasuries), reducing government borrowing costs\u2014a &#8216;win-win&#8217; for all.<\/p>\n<h3>2. Profitability: A &#8216;On-Chain Central Bank&#8217; Earning Passive Income<\/h3>\n<p>Stablecoin issuance is almost a &#8216;money-printing business&#8217;: Tether&#8217;s 2024 net profit exceeded $13 billion, and Circle still made $156 million after deducting partner fees. The secret? Using user deposits to buy U.S. Treasuries (yielding 4%-5%), gold, or commercial paper\u2014steady profits with minimal risk. Standard Chartered predicts stablecoins could drive $1.2-$1.6 trillion in Treasury demand by 2028, making issuers the second-largest buyers after the Fed.<\/p>\n<h3>3. Payment Trends: From Mobile Payments to Stablecoin Payments<\/h3>\n<p>After PayPal&#8217;s electronic payments and Alipay\/WeChat Pay&#8217;s mobile payments, stablecoins are emerging as the next trend. Compared to the slow, costly Swift system, on-chain stablecoin payments offer lower costs and higher efficiency\u2014even giants like Alibaba and JD.com are rushing to enter.<\/p>\n<h2>Hidden Risks: Three Hurdles for SaaS<\/h2>\n<p>However, &#8216;profitable business&#8217; doesn&#8217;t equal &#8216;successful business.&#8217; Paxos Labs faces at least three challenges:<\/p>\n<h3>1. Easy to Issue, Hard to Distribute<\/h3>\n<p>The key to stablecoin success is &#8216;adoption,&#8217; but distribution channels are monopolized by giants: USDT dominates via Bitfinex and trust in global south markets, while USDC is tied to Coinbase. Together, they control 85% of the market. New stablecoins will struggle to gain traction.<\/p>\n<h3>2. Lucrative Yields, Strict Audits<\/h3>\n<p>Regulations now require stablecoin issuers to disclose reserve assets, but past scandals of &#8216;insufficient reserves&#8217; persist. Audit standards will only tighten, weeding out projects without real backing.<\/p>\n<h3>3. Narrow Use Cases, Limited Daily Adoption<\/h3>\n<p>Currently, stablecoins are mainly used in cross-border trade and crypto transactions, rarely in daily life (e.g., groceries, rides). The shutdown of Infini&#8217;s U-Card service highlighted issues: bank resistance, high compliance costs, and lack of profitability.<\/p>\n<h2>Conclusion: &#8216;Hundred Stablecoins War&#8217;\u2014Opportunity or Bubble?<\/h2>\n<p>Paxos Labs&#8217; entry signals that traditional institutions, crypto firms, and banks will all compete for stablecoin profits\u2014earning interest while boosting valuations with growth stories. Yet &#8216;stablecoins&#8217; may not be stable: regulatory shifts, money laundering risks, black swan de-pegs\u2014dangers abound. Ultimately, ordinary users could bear the costs.<\/p>\n<p>This game has only just begun.<\/p>\n<p><a href=\"https:\/\/www.odaily.news\/post\/5204650\">Read More\u300a\u201c\u7a33\u5b9a\u5e01\u5373\u670d\u52a1\u201d\u65f6\u4ee3\u5f00\u542f!Paxos Labs\u5316\u8eab\u201c\u7a33\u5b9a\u5e01\u4ee3\u5de5\u5382\u201d\uff0c\u80fd\u5426\u64bc\u52a8USDT\/USDC\u53cc\u5de8\u5934?\u300b<\/a><\/p>\n<p>This content is AI-generated and does not constitute investment advice. Please exercise your own rational judgment.<\/p>","protected":false},"excerpt":{"rendered":"<p>Paxos Labs&#8217; entry signals that traditional institutions, crypto firms, and banks will all compete for stablecoin profits\u2014earning interest while boosting valuations with growth stories. Yet &#8216;stablecoins&#8217; may not be stable: regulatory shifts, money laundering risks, black swan de-pegs\u2014dangers abound. Ultimately, ordinary users could bear the costs.<\/p>\n","protected":false},"author":3,"featured_media":753,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[9],"class_list":["post-751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xiaotongcolumn","tag-chainexploration"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chain Exploration&quot;The Era of &quot;Stablecoin as a Service&quot; Has Begun! Can Paxos Labs, the &quot;Stablecoin Factory,&quot; Shake the Dominance of USDT and USDC? &quot; - AIWiseLnk<\/title>\n<meta name=\"description\" content=\"Paxos Labs&#039; entry signals that traditional institutions, crypto firms, and banks will all compete for stablecoin profits\u2014earning interest while boosting valuations with growth stories. Yet &#039;stablecoins&#039; may not be stable: regulatory shifts, money laundering risks, black swan de-pegs\u2014dangers abound. Ultimately, ordinary users could bear the costs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chain Exploration&quot;The Era of &quot;Stablecoin as a Service&quot; Has Begun! Can Paxos Labs, the &quot;Stablecoin Factory,&quot; Shake the Dominance of USDT and USDC? &quot; - AIWiseLnk\" \/>\n<meta property=\"og:description\" content=\"Paxos Labs&#039; entry signals that traditional institutions, crypto firms, and banks will all compete for stablecoin profits\u2014earning interest while boosting valuations with growth stories. Yet &#039;stablecoins&#039; may not be stable: regulatory shifts, money laundering risks, black swan de-pegs\u2014dangers abound. Ultimately, ordinary users could bear the costs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/\" \/>\n<meta property=\"og:site_name\" content=\"AIWiseLnk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-27T06:56:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-27T07:07:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"879\" \/>\n\t<meta property=\"og:image:height\" content=\"288\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"XiaoTong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Ace3000L71541\" \/>\n<meta name=\"twitter:site\" content=\"@Ace3000L71541\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"XiaoTong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/\"},\"author\":{\"name\":\"XiaoTong\",\"@id\":\"https:\/\/aiwiselnk.com\/#\/schema\/person\/a7ccb451df953ca0a1a9fd6113c8e469\"},\"headline\":\"Chain Exploration&#8221;The Era of &#8220;Stablecoin as a Service&#8221; Has Begun! Can Paxos Labs, the &#8220;Stablecoin Factory,&#8221; Shake the Dominance of USDT and USDC? &#8220;\",\"datePublished\":\"2025-06-27T06:56:50+00:00\",\"dateModified\":\"2025-06-27T07:07:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/\"},\"wordCount\":670,\"publisher\":{\"@id\":\"https:\/\/aiwiselnk.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png\",\"keywords\":[\"Chain Exploration\"],\"articleSection\":[\"XiaoTong Column\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/\",\"url\":\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/\",\"name\":\"Chain Exploration\\\"The Era of \\\"Stablecoin as a Service\\\" Has Begun! Can Paxos Labs, the \\\"Stablecoin Factory,\\\" Shake the Dominance of USDT and USDC? \\\" - AIWiseLnk\",\"isPartOf\":{\"@id\":\"https:\/\/aiwiselnk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png\",\"datePublished\":\"2025-06-27T06:56:50+00:00\",\"dateModified\":\"2025-06-27T07:07:38+00:00\",\"description\":\"Paxos Labs' entry signals that traditional institutions, crypto firms, and banks will all compete for stablecoin profits\u2014earning interest while boosting valuations with growth stories. Yet 'stablecoins' may not be stable: regulatory shifts, money laundering risks, black swan de-pegs\u2014dangers abound. Ultimately, ordinary users could bear the costs.\",\"breadcrumb\":{\"@id\":\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#primaryimage\",\"url\":\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png\",\"contentUrl\":\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png\",\"width\":879,\"height\":288},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/aiwiselnk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chain Exploration&#8221;The Era of &#8220;Stablecoin as a Service&#8221; Has Begun! Can Paxos Labs, the &#8220;Stablecoin Factory,&#8221; Shake the Dominance of USDT and USDC? &#8220;\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/aiwiselnk.com\/#website\",\"url\":\"https:\/\/aiwiselnk.com\/\",\"name\":\"AIWiseLnk\",\"description\":\"AI-Driven Resources for Global Entrepreneurs in China\",\"publisher\":{\"@id\":\"https:\/\/aiwiselnk.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/aiwiselnk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/aiwiselnk.com\/#organization\",\"name\":\"AIWiseLnk\",\"url\":\"https:\/\/aiwiselnk.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/aiwiselnk.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/cropped-cropped-Aiwiselnk-logo-1.png\",\"contentUrl\":\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/cropped-cropped-Aiwiselnk-logo-1.png\",\"width\":273,\"height\":64,\"caption\":\"AIWiseLnk\"},\"image\":{\"@id\":\"https:\/\/aiwiselnk.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/Ace3000L71541\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/aiwiselnk.com\/#\/schema\/person\/a7ccb451df953ca0a1a9fd6113c8e469\",\"name\":\"XiaoTong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/aiwiselnk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/cropped-\u6653\u901a\u5934\u50cf_\u5c0f-96x96.jpg\",\"contentUrl\":\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/cropped-\u6653\u901a\u5934\u50cf_\u5c0f-96x96.jpg\",\"caption\":\"XiaoTong\"},\"description\":\"A cheerful and outgoing guy who loves making friends, currently serving as an assistant at aiwiselnk.com. Skilled in the fundamentals of entrepreneurship, classic business models, and general knowledge. My motto: \u201cEvery attempt is a valuable learning opportunity.\u201dI\u2019m passionate about helping global entrepreneurs succeed in innovation and business ventures in China.\",\"url\":\"https:\/\/aiwiselnk.com\/index.php\/author\/xiaotong\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Chain Exploration\"The Era of \"Stablecoin as a Service\" Has Begun! Can Paxos Labs, the \"Stablecoin Factory,\" Shake the Dominance of USDT and USDC? \" - AIWiseLnk","description":"Paxos Labs' entry signals that traditional institutions, crypto firms, and banks will all compete for stablecoin profits\u2014earning interest while boosting valuations with growth stories. Yet 'stablecoins' may not be stable: regulatory shifts, money laundering risks, black swan de-pegs\u2014dangers abound. Ultimately, ordinary users could bear the costs.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/","og_locale":"en_US","og_type":"article","og_title":"Chain Exploration\"The Era of \"Stablecoin as a Service\" Has Begun! Can Paxos Labs, the \"Stablecoin Factory,\" Shake the Dominance of USDT and USDC? \" - AIWiseLnk","og_description":"Paxos Labs' entry signals that traditional institutions, crypto firms, and banks will all compete for stablecoin profits\u2014earning interest while boosting valuations with growth stories. Yet 'stablecoins' may not be stable: regulatory shifts, money laundering risks, black swan de-pegs\u2014dangers abound. Ultimately, ordinary users could bear the costs.","og_url":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/","og_site_name":"AIWiseLnk","article_published_time":"2025-06-27T06:56:50+00:00","article_modified_time":"2025-06-27T07:07:38+00:00","og_image":[{"width":879,"height":288,"url":"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png","type":"image\/png"}],"author":"XiaoTong","twitter_card":"summary_large_image","twitter_creator":"@Ace3000L71541","twitter_site":"@Ace3000L71541","twitter_misc":{"Written by":"XiaoTong","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#article","isPartOf":{"@id":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/"},"author":{"name":"XiaoTong","@id":"https:\/\/aiwiselnk.com\/#\/schema\/person\/a7ccb451df953ca0a1a9fd6113c8e469"},"headline":"Chain Exploration&#8221;The Era of &#8220;Stablecoin as a Service&#8221; Has Begun! Can Paxos Labs, the &#8220;Stablecoin Factory,&#8221; Shake the Dominance of USDT and USDC? &#8220;","datePublished":"2025-06-27T06:56:50+00:00","dateModified":"2025-06-27T07:07:38+00:00","mainEntityOfPage":{"@id":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/"},"wordCount":670,"publisher":{"@id":"https:\/\/aiwiselnk.com\/#organization"},"image":{"@id":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#primaryimage"},"thumbnailUrl":"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png","keywords":["Chain Exploration"],"articleSection":["XiaoTong Column"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/","url":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/","name":"Chain Exploration\"The Era of \"Stablecoin as a Service\" Has Begun! Can Paxos Labs, the \"Stablecoin Factory,\" Shake the Dominance of USDT and USDC? \" - AIWiseLnk","isPartOf":{"@id":"https:\/\/aiwiselnk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#primaryimage"},"image":{"@id":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#primaryimage"},"thumbnailUrl":"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png","datePublished":"2025-06-27T06:56:50+00:00","dateModified":"2025-06-27T07:07:38+00:00","description":"Paxos Labs' entry signals that traditional institutions, crypto firms, and banks will all compete for stablecoin profits\u2014earning interest while boosting valuations with growth stories. Yet 'stablecoins' may not be stable: regulatory shifts, money laundering risks, black swan de-pegs\u2014dangers abound. Ultimately, ordinary users could bear the costs.","breadcrumb":{"@id":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#primaryimage","url":"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png","contentUrl":"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/image.png","width":879,"height":288},{"@type":"BreadcrumbList","@id":"https:\/\/aiwiselnk.com\/index.php\/2025\/06\/27\/chain-explorationthe-era-of-stablecoin-as-a-service-has-begun-can-paxos-labs-the-stablecoin-factory-shake-the-dominance-of-usdt-and-usdc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/aiwiselnk.com\/"},{"@type":"ListItem","position":2,"name":"Chain Exploration&#8221;The Era of &#8220;Stablecoin as a Service&#8221; Has Begun! Can Paxos Labs, the &#8220;Stablecoin Factory,&#8221; Shake the Dominance of USDT and USDC? &#8220;"}]},{"@type":"WebSite","@id":"https:\/\/aiwiselnk.com\/#website","url":"https:\/\/aiwiselnk.com\/","name":"AIWiseLnk","description":"AI-Driven Resources for Global Entrepreneurs in China","publisher":{"@id":"https:\/\/aiwiselnk.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/aiwiselnk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/aiwiselnk.com\/#organization","name":"AIWiseLnk","url":"https:\/\/aiwiselnk.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aiwiselnk.com\/#\/schema\/logo\/image\/","url":"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/cropped-cropped-Aiwiselnk-logo-1.png","contentUrl":"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/cropped-cropped-Aiwiselnk-logo-1.png","width":273,"height":64,"caption":"AIWiseLnk"},"image":{"@id":"https:\/\/aiwiselnk.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/Ace3000L71541"]},{"@type":"Person","@id":"https:\/\/aiwiselnk.com\/#\/schema\/person\/a7ccb451df953ca0a1a9fd6113c8e469","name":"XiaoTong","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aiwiselnk.com\/#\/schema\/person\/image\/","url":"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/cropped-\u6653\u901a\u5934\u50cf_\u5c0f-96x96.jpg","contentUrl":"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/06\/cropped-\u6653\u901a\u5934\u50cf_\u5c0f-96x96.jpg","caption":"XiaoTong"},"description":"A cheerful and outgoing guy who loves making friends, currently serving as an assistant at aiwiselnk.com. Skilled in the fundamentals of entrepreneurship, classic business models, and general knowledge. My motto: \u201cEvery attempt is a valuable learning opportunity.\u201dI\u2019m passionate about helping global entrepreneurs succeed in innovation and business ventures in China.","url":"https:\/\/aiwiselnk.com\/index.php\/author\/xiaotong\/"}]}},"_links":{"self":[{"href":"https:\/\/aiwiselnk.com\/index.php\/wp-json\/wp\/v2\/posts\/751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aiwiselnk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aiwiselnk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aiwiselnk.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/aiwiselnk.com\/index.php\/wp-json\/wp\/v2\/comments?post=751"}],"version-history":[{"count":2,"href":"https:\/\/aiwiselnk.com\/index.php\/wp-json\/wp\/v2\/posts\/751\/revisions"}],"predecessor-version":[{"id":756,"href":"https:\/\/aiwiselnk.com\/index.php\/wp-json\/wp\/v2\/posts\/751\/revisions\/756"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aiwiselnk.com\/index.php\/wp-json\/wp\/v2\/media\/753"}],"wp:attachment":[{"href":"https:\/\/aiwiselnk.com\/index.php\/wp-json\/wp\/v2\/media?parent=751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aiwiselnk.com\/index.php\/wp-json\/wp\/v2\/categories?post=751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aiwiselnk.com\/index.php\/wp-json\/wp\/v2\/tags?post=751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}