Cindy Wang of Jiaming Technology stated that the era of pure cryptocurrency trading is over, during a recent blockchain event. She noted that major exchanges like Binance and Bitget are integrating U.S. stock markets onto their platforms, as data shows large investors have cashed out at Bitcoin's $120,000 peak, redirecting funds to AI investments. Traditional customer retention strategies are no longer sufficient to keep high-net-worth clients. Wang also highlighted the disruptive impact of stablecoins on the traditional payment industry. She observed that stablecoins, with their transparency and low costs, are replacing traditional payment methods that relied on information and exchange rate disparities. The demand for integration between the crypto and traditional payment sectors is growing, driven by performance pressures on both sides.