Stablecoins are disruptive—who will become the disruptor? AI summarizes Clayton Christensen's theory of disruptive innovation, which explains how products that initially seem inexpensive can reshape entire industries. Stablecoins have shown strong performance in emerging markets, attracting ignored customers. However, existing financial institutions haven't overlooked this innovation; instead, they are actively following suit. In the future, stablecoins could become a massive market asset by 2030. Source: Blockworks; Translation: Wu Zhu, Golden Finance.

In his book *The Innovator's Dilemma*, Clayton Christensen introduced the concept of disruptive innovation—products that initially appear as cheap imitations but eventually rewrite industry rules. These products often start in low-end or entirely new markets, which are ignored by established companies because they either lack profit or seem strategically unimportant. But this is a good starting point: **"Disruptive technologies initially appeal to the least profitable customer segments in the market,"** Christensen explained. #广场发币瓜分千U奖池 BSV