ANT.FUN founder Shaun: The integration of stablecoins and AGI will give rise to a "financial super app."

The founder and CEO of ANT.FUN, Shaun, recently delivered a keynote speech on "The Impact of Stablecoins on the Structure of the Digital Currency Industry" at the Finternet2025 - Asia Digital Finance Summit, supported by the OSL Group. He predicted that the world is on the eve of achieving Artificial General Intelligence (AGI), and the combination of AGI with digital currencies, especially stablecoins, will bring about a thorough and destructive transformation of the global economic structure.

Notably, Shaun revealed at the beginning of his speech that the content of his speech was "mostly written by artificial intelligence," highlighting the deep involvement of AI in the current era.

The Eve of AGI: Computing Power Becomes Currency, Foundations for Change Are Present

Shaun believes that the path to AGI is already very clear, namely "Reinforcement Learning," and that Artificial Superintelligence (ASI) is likely to be achieved within the next three to five years.

"Reinforcement Learning has brought reasoning capabilities and thought chains to large language models," Shaun explained, "which makes AI's output interpretable and allows its capabilities to exceed 95% of humans."

He cited NVIDIA's stock price as an example, illustrating that the market, after a brief period of doubt, has fully recognized the core value of computing power. As the number of AI parameters (neurons) approaches and is about to surpass that of humans (with GPT-5 potentially reaching trillions of parameters), Shaun asserted: "Computing power has now become the most fundamental currency in our world."

On the foundation of this AI computing power revolution, the explosion of digital currencies is occurring simultaneously. Shaun likened this to the emergence of electricity during the Industrial Revolution, stating, "The changes in our current economic structure are total and complete," with impacts far exceeding the localized changes of the past few decades.

The Rise of Financial Super Apps

One of the core arguments of Shaun's speech is the rise of "Financial Super Apps." He referenced the views of U.S. SEC officials (such as Paul Atkins) and the SEC's "Project Crypto," which aims to promote financial assets being "fully on-chain."

Shaun proposed a "three-dimensional model" to explain the disruptive nature of this new type of application: first is the PC internet, where "only the opening frequency/stay duration" corresponds to the X-axis of a one-dimensional coordinate system; second is the mobile internet, which adds "installed base/DAU," corresponding to the Y-axis of a two-dimensional coordinate system; third is the addition of an almost infinite "Customer Lifetime Value (LTV)" outside the X and Y axes, which corresponds to the Z-axis of a three-dimensional coordinate system.

He pointed out that traditional internet companies have attempted to enhance LTV through financial means such as microloans, but are severely restricted by licenses, geography, and regulations. The future "Financial Super Apps" will be three-dimensional, having both massive user bases and extremely high LTV.

"Where does this LTV come from? It actually comes from the dimension of stablecoins," Shaun said.

He used Robinhood as an example, noting that the company is fully pushing for stocks to be tokenized because "for the same stock, once it is tokenized, the cashback that Robinhood receives is about 60 times that of its traditional stock form."

When users have stablecoins in their wallets, they can "freely consume," engage in spot trading, contracts, wealth management, and use prediction markets, allowing the platform to gain "almost infinite LTV" from a single user.

Large-Scale Adoption of Stablecoins and Agent Finance

Shaun predicts that the market size of stablecoins will grow from the current approximately $300 billion to $2 trillion by 2028. He mentioned that after the passage of the U.S. "Genius Act," an estimated $6.6 trillion will flow from traditional banks to on-chain. This will not only marginalize the currencies of many small countries, such as Nigeria and Vietnam, which already have a high adoption rate of USDT, but will also lay the foundation for the explosion of AI agents.

Shaun believes that as the capabilities of AI large models improve, AI agents will gradually rise in 2025, and 2026 will see the emergence of "Agent Swarm."

"Finance is a very clear mechanism with rewards and punishments," Shaun said, "the application of AI agents in the financial field will be the most evident."

He mentioned that there are already practices utilizing large models for on-chain trading, with the emergence of tens of thousands of new assets daily providing massive data for reinforcement learning. It is expected that within the next year or two, Agent Finance will see large-scale usage.