Since its launch in 2024, World Liberty Financial (WLFI), a DeFi project supported by the Trump family, has had a multi-dimensional impact on the cryptocurrency industry with its political background and capital operation. WLFI is regarded as a "barometer" of the Trump administration's crypto-friendly policies.

It is expected that by 2025, decentralized stablecoins represented by Ethena will continue to grow in market size and reach a market share of 10%.

What changes have Meme gone through? From the perspective of VC, how can we participate in it? These questions are worth our in-depth discussion.

We briefly sorted out the encrypted payment track and focused on how PayFi iterates the encrypted payment track, so as to gradually explore its future development direction.