TechFlame News: a16z Crypto has published an article explaining the logic behind its investment in Arc, pointing out that stablecoins have evolved from tools for crypto trading into a core layer of global financial infrastructure, and are driving the upgrade of blockchain from "application-layer finance" to a "system-level economic operating system." Last year, the annual transaction volume of stablecoins reached approximately $9 trillion, placing them on par with global payment networks like Visa and PayPal. The total supply of USD-pegged stablecoins has also exceeded $270 billion, with cross-border payments, B2B settlements, and foreign exchange transactions becoming core use cases, gradually positioning stablecoins as the "upgrade layer for global capital flows." a16z Crypto stated that existing blockchain infrastructure is still primarily designed for crypto-native users and individual developers, lacking native support for large-scale institutional needs. The reason for joining the development of the ARC token ecosystem is that, as global finance gradually moves on-chain, only a few public blockchains will be able to serve as the "backbone of the on-chain economic system" in the future.