Fu Peng: Traditional financial institutions will accelerate their entry into the cryptocurrency market, with stablecoin payments and the financialization of Bitcoin set to open a new chapter.

According to Techub News, Fu Peng, Chief Economist of New Huo Group, delivered a speech at the 2026 Hong Kong Institutional Digital Wealth Management Summit Forum. He stated that the integration of traditional financial institutions with the crypto asset market will herald the arrival of a new era for the market. The participants who can truly shape the future are those who swiftly complete their transformation at critical turning points.

Using the simultaneous rise of the Cold War, the oil crisis, and computer and semiconductor technologies in the 1970s and 1980s as an example, Fu Peng pointed out that technological progress and global order turbulence often go hand in hand, with risks and opportunities always coexisting. He believes that AI and data computing power are now widely recognized as the core productive forces of the next era, signifying that the "first half" of the crypto industry has essentially concluded, and the industry is currently at a critical stage of reconstruction and rebirth.

Looking ahead, Fu Peng predicts that stablecoins will assume payment functions, while Bitcoin will evolve into a core asset possessing both value storage and financialized trading attributes, marking the imminent opening of a brand-new chapter for the era.