a16z Crypto executive: The term "stablecoin" may gradually become obsolete.

CoinFeed reported on May 1st that Robert Hackett, head of special projects at a16z Crypto, wrote that the term "stablecoin" is gradually losing its relevance. Stablecoins originated during a period of high volatility in the crypto market, thus emphasizing "stability." However, with technological evolution, stability has become fundamental, evolving into a global financial infrastructure. The crypto industry's focus has shifted from "whether it's stable" to "what else can be built upon it." Stability has become a basic requirement rather than innovation itself. Therefore, the name "stablecoin" is more like a patch for old problems than a definition of a new financial system. In the future, the concept of stablecoins may eventually fade into broader terms such as "digital dollar" or "on-chain asset," or even be completely integrated into the underlying financial system, just as "electric light bulb" replaced "electric lighting."