Odaily News Solana Foundation President Lily Liu said today at Consensus Hong Kong 2025 about the recent LIBRA incident that it was clearly a bad incident and should not happen again. Due to the lack of regulatory clarity, actual financial innovation has been hindered, which has led many participants to believe that products in the cryptocurrency industry have no real value, thus attracting more extreme speculators. The emergence of such malicious incidents is actually a secondary effect of the market's lack of structural product innovation channels.
Lily Liu also mentioned that sniping and insider trading activities can be reduced through innovative price discovery mechanisms and governance systems.
Lily Liu also said that in 2025, Solana hopes to make "boring" things interesting again, such as stablecoins. Stablecoins are the underlying assets for payments, transactions, and all financial transactions, and are the entry point for introducing the existing financial system into the on-chain economy. We firmly believe that blockchain is the infrastructure of the Internet capital market and can support the construction of various financial applications.