Mu Changchun Says Stablecoins Are Growing as mBridge Transactions Near 500 Billion Yuan by End of 2025

Mu Changchun said stablecoins and cryptocurrencies are developing rapidly as cross-border payments enter a new stage. According to NS3.AI, Mu said mBridge’s cumulative transaction volume reached nearly 500 billion yuan by the end of 2025. Mu linked the growth of stablecoins and cryptocurrencies to changes in cross-border payment systems, describing the sector as moving into a new phase. He did not provide additional details on the drivers of the trend or a breakdown of mBridge transaction activity.