Gate CEO: Banks Lost Stablecoin War, Bitcoin's Four-Year Cycle Over

Lin Han, CEO and founder of Gate, the fourth-largest cryptocurrency exchange by daily trading volume, has stated that traditional banks have lost the war against stablecoins. Han also believes that Bitcoin's historical four-year cycle is no longer a relevant market pattern. These remarks come from a prominent figure in the cryptocurrency industry, offering his perspective on the evolving digital asset landscape. His views suggest increasing adoption and influence of stablecoins and a shift in Bitcoin's market dynamics. Such statements are significant for understanding industry sentiment and potential future trends in digital assets.