Coindesk CONSENSUS 2025 (Part 3) – Crypto for Everyone

Consensus Hong Kong 2025 delivered a strong message: If cryptocurrency desires to go mainstream, it is time to cease chasing after techy beliefs and begin specializing in delivering real-world utility.

Whereas the blockchain area has typically been pushed by a love for decentralization and speculative buying and selling, the way forward for crypto will rely on how nicely it meets the on a regular basis wants of actual individuals. As Jack Sales space, co-founder of TON Society, put it: “We have to cease specializing in decentralization, know-how, and financialization and begin specializing in the actual worth that crypto brings to customers, similar to Web2 platforms have completed.” In different phrases, to win over the common person, crypto should prioritize user-friendliness, reliability, and tangible advantages over buzzwords and theoretical debates.

Stablecoins: Crypto’s Sensible Powerhouse

Stablecoins took heart stage as considered one of crypto’s most compelling real-world use instances. In response to Sales space, “Stablecoins enable customers to ship cash globally with low charges, and for residents in creating nations, they provide a strategy to shield towards inflation.” And it is not simply principle—TON’s integration with Telegram, the place Tether (USDT) is used for in-app transactions, demonstrates that stablecoins could be as practical as any mainstream cost system.

“We’re doing volumes just like main cost networks, like Kakao Pay in Korea,” Sales space shared. That is what you may name crypto’s first true “killer app”—easy-to-use, sensible, and already in motion.

The dialog additionally highlighted the function of soulbound tokens—non-transferable NFTs—being explored for digital identification on TON. These tokens might allow customers to confirm their identification or popularity with out counting on third-party verification, proving that crypto has way more to supply than simply speculative buying and selling.

Making Crypto A part of Day by day Life

One other thrilling dialogue centered round crypto’s seamless integration into the platforms we already use. The partnership between TON and Telegram is a chief instance of crypto becoming naturally into customers’ day by day routines. Options like Telegram Items enable customers to ship digital presents, which might later be transformed into NFTs on the TON blockchain. It is an excellent instance of how crypto can enrich social interactions with out forcing individuals to change to new apps or providers.

As one panelist identified, “The bottom line is to make crypto a brilliant app… one thing that individuals use seamlessly with out worrying in regards to the underlying know-how.” TON Join, which permits customers to entry blockchain-powered apps straight from Telegram, is a chief instance of this imaginative and prescient. It is proof that blockchain know-how could be built-in into social apps in a manner that feels pure and intuitive—no difficult tech information required.

Rebuilding Belief with Sensible Advantages

After the collapse of main gamers like FTX, belief in crypto has understandably been shaken. However at Consensus HK 2025, audio system agreed that the way in which ahead is to concentrate on the sensible advantages of crypto, resembling low-cost cross-border transfers and the flexibility to self-custody belongings.

“The massive benefit of crypto is the removing of intermediaries,” one speaker famous. By permitting customers to carry their very own belongings, crypto provides an alternative choice to the dangers related to conventional monetary techniques. This strategy prioritizes actual worth over ideological debates, and it is key to rebuilding public belief within the crypto area.

The message from Consensus Hong Kong 2025 was clear: The way forward for crypto lies in fixing real-world issues and making blockchain know-how accessible to everybody. As crypto continues to combine into on a regular basis platforms, the concentrate on utility and person expertise will gas the subsequent wave of development for the trade.

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