Sei Labs Co-founder Jayendra Jog: The stablecoin yield model has great potential and will surpass the revenue model relying on transaction fees.

SEI3,27%

ChainCatcher news: At the recent “Build and Scale in 2026” themed forum held in Hong Kong, Jayendra Jog, co-founder of Sei Labs, delivered a keynote speech on “The Future of Payments: The State of Stablecoin Development in 2026.” He stated that stablecoins are surpassing DeFi to become the killer application of blockchain, and their revenue models will become more promising than transaction fees.

However, regarding the current surge in “dedicated stablecoin chain” trends, Jayendra Jog expressed a cautious stance. He noted that while dedicated chains have optimized throughput and compliance features, their differentiation advantages are limited, and they have yet to prove effective in driving large-scale adoption.

Jayendra Jog also highlighted the latest developments of Sei Network. He mentioned that Sei Network is now the lowest-cost EVM-compatible stablecoin transfer chain, with an average of only $0.0005 for 200 stablecoin transfers. The upcoming Sei Giga will achieve up to 200,000 TPS throughput and 400 milliseconds finality, providing high-performance infrastructure for stablecoin payments, RWA, and derivatives trading.

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