Huobi HTX leads GM Vietnam 2025, Sun Yuchen starts a new journey in Web3.

The Huobi HTX mascot "Huo Bao" appears at the Vietnam GM conference.

From August 2 to 3, Huobi HTX made a strong appearance as a sponsor in the business exchange area at the blockchain event GM Vietnam 2025 - Vietnam Blockchain Week. This deep participation not only showcased Huobi HTX's forward-looking vision in its globalization strategy but also highlighted its core influence in promoting the development of the Web3 industry.

In-depth Analysis of the Development Trends of Stablecoins: From Crypto Tools to Global Financial Infrastructure

During GM Vietnam 2025, Alec Goh, head of HTX Ventures, was invited to participate in a roundtable forum themed "Stablecoin - The Most Viable Use Case for Crypto Adoption" to share his profound insights on the development of stablecoins.

Alec, the head of HTX Ventures, was invited to participate in the themed roundtable forum.

Alec pointed out that the market value of stablecoins has exceeded $250 billion, growing 60% year-to-date and showing a strong upward momentum. With clear regulations in countries like the United States and active participation from traditional institutions, stablecoins are evolving from crypto-native tools into global financial infrastructure, currently in the early stages of mainstream integration. He further analyzed that stablecoins are becoming the foundation for value settlement and liquidity in digital financial infrastructure in key scenarios such as on-chain credit markets, RWA, and cross-border trade.

He emphasized: "The future is not a binary opposition of 'centralization vs decentralization', but a combination of 'compliance and composability'. Legal frameworks and on-chain technologies will evolve together, ensuring global scalability while preserving the core principles of crypto. Regardless of whether the system is centralized or decentralized, the most important thing is to meet user needs. If decentralized exchanges continue to provide better value, the market will naturally lean towards them."

"Web3 Night of the Future" ignites industry enthusiasm and boosts the development of the Web3 ecosystem in Vietnam.

At the Vietnam GM Conference, the Huobi HTX exhibition area attracts a constant stream of users.

As the highlight of the Vietnam Blockchain Week, the Web3 Future Night themed cocktail party, sponsored by Huobi HTX and hosted by ChainCatcher, was grandly held.

This event attracted enthusiastic participation from leading industry partners such as SoSoValue, Bifrost, TRADOOR, TRON, SunPump, and RootData, bringing together top local project parties, top investors, well-known KOLs, and core community members in Vietnam to jointly create a high-standard industry exchange feast.

Through this event, Huobi HTX has further deepened its cooperation with the local crypto community in Vietnam, injecting new momentum into the prosperous development of the global Web3 ecosystem.

Sun Yuchen completed a space feat, becoming the youngest Chinese commercial astronaut.

Sun Yuchen completes a space achievement (Image source: Blue Origin official Twitter)

During the event, Huobi HTX's global advisor Sun Yuchen created a historic moment by successfully completing a space edge flight aboard the Blue Origin New Shepard spacecraft, becoming the youngest Chinese commercial astronaut in history. The mission lasted approximately 10 minutes, during which the spacecraft crossed the Kármán line, achieving suborbital flight and experiencing weightlessness, and safely returned to the landing area in Texas.

After exiting the cabin, Sun Yuchen stated in an interview: "This is my first commitment and first step towards space, and there will be more in the future." This moment not only represents his personal spirit of exploration but also symbolizes the determination of Huobi HTX as a global Web3 participant to continuously push boundaries and explore the future.

Huobi HTX's outstanding appearance at GM Vietnam 2025 not only highlights its leading position in the global Web3 ecosystem but also points the way for industry development through profound insights into the "Web3 Future Night" and the stablecoin trend. In the future, Huobi HTX will continue to commit to promoting the global expansion of the Web3 ecosystem while exploring the cross-border integration of blockchain technology with cutting-edge fields to create greater value for users and the crypto community.

About Huobi HTX

Huobi HTX was established in 2013. After 12 years of development, it has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation, and other services.

Huobi HTX, as a leading global Web3 portal, adheres to the development strategy of global expansion, ecological prosperity, wealth effect, and safety compliance, providing comprehensive, safe, and reliable value and services for virtual currency enthusiasts around the world.