Markus Franke, CEO of Mento Labs, emphasized the growing importance of stablecoins in the global financial landscape during his keynote at the Global On-Chain Asset Summit. Speaking at TOKEN2049, Franke highlighted that stablecoin trading volumes have surpassed $27 trillion annually, underscoring their role beyond merely complementing the U.S. dollar. He argued that stablecoins are becoming essential infrastructure for on-chain foreign exchange markets. Franke pointed out that stablecoins pegged to local currencies could significantly enhance cross-border payments and financial inclusion. By addressing gaps in traditional financial systems, these digital assets have the potential to integrate billions of people currently excluded from the financial system, thereby transforming capital markets.