At the Money 20/20 conference in Bangkok, fintech and payments entrepreneur Chen Yu emphasized that payments remain the most practical application for Web3. In an interview, Chen noted that despite over a decade of development, Web3 lacks real-world applications. He identified the integration of Web3 with the traditional economy as a major challenge, highlighting stablecoins' evolution from exchange transfer tools to solutions in traditional cross-border payments. Chen predicted that future high-frequency, small-value transactions between intelligent agents will rely on Web3 and stablecoins, moving away from speculation to focus on solving payment issues.