From Blockchain to Space: Huobi HTX Leads GM Vietnam 2025, Sun Yuchen Starts a New Journey in Web3

Huobi HTX mascot "Huobao" appears at the GM conference in Vietnam

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

In-depth Analysis of Stablecoin Development Trends: 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," where he shared his profound insights on the development of stablecoins.

Alec Goh, head of HTX Ventures, invited to the themed roundtable forum

Alec pointed out that the market capitalization of stablecoins has exceeded $250 billion, growing by 60% this year, showing a strong upward momentum. With clear regulations in countries like the United States and the active participation of traditional institutions, stablecoins are evolving from crypto-native tools to 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 'centralized vs decentralized,' but rather a combination of 'compliance and composability.' Legal frameworks and on-chain technology will evolve together, ensuring global expansion while retaining 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 trading continues to provide better value, the market will naturally tilt towards it."

"Web3 Future Night" Ignites Industry Enthusiasm, Boosting Vietnam's Web3 Ecosystem Development

The Huobi HTX exhibition area at the GM conference in Vietnam attracted a continuous flow of users

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

This event attracted enthusiastic participation from industry-leading partners such as SoSoValue, Bifrost, TRADOOR, ++Tron++, SunPump, and RootData, gathering top local project teams, leading investors, well-known KOLs, and core community members in Vietnam, creating a high-standard industry exchange feast.

Through this event, Huobi HTX 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 Completes Space Feat, Becomes the Youngest Chinese Commercial Astronaut

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

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

After exiting the capsule, 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 Huobi HTX's determination to continuously break boundaries and explore the future as a global Web3 participant.

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

About Huobi HTX

Founded in 2013, Huobi HTX has developed over 12 years from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation, and other businesses.

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