PRESS RELEASE.
As the crypto market matures, ViaBTC, a global cryptocurrency mining pool, is bringing sharper focus to blockchain’s role in modern finance. With institutional adoption increasing and speculative narratives cooling, attention is shifting towards real utility, infrastructure, and long-term sustainability.
ViaBTC CEO Haipo Yang defines blockchain’s role not as a universal technology layer, but as a financial system designed to enable trustless value transfer without reliance on centralized institutions.
“ Blockchain is not just infrastructure or technology. It is a long-running experiment in replacing institutional trust with cryptographic systems,” said Haipo Yang, CEO of ViaBTC. “Decentralisation is the mechanism, but the objective has always been financial freedom.”
This perspective reflects the origins of Bitcoin, which emerged as a response to the 2008 financial crisis. From the outset, Bitcoin was designed as a peer-to-peer system for transferring value independently of traditional banking structures. ViaBTC maintains that this financial foundation continues to define its most effective use case.
Why blockchain remains rooted in finance
While blockchain adoption has expanded into sectors such as gaming, identity, and digital assets, its underlying design introduces clear trade-offs. Distributed validation across decentralized networks reduces efficiency and increases operational cost compared to centralized systems.
“Decentralisation is expensive and inherently inefficient,” Yang said. “You give up speed and scalability in exchange for removing reliance on a central authority. That trade-off only makes sense where trust is the primary concern, and that is finance.”
This is why blockchain continues to deliver the most value in financial applications, where security, transparency, and independence are critical.
Stablecoins and real-world crypto use cases
As the crypto market evolves, practical use cases are playing a larger role in adoption. Stablecoins have emerged as one of the most widely used applications of blockchain technology.
In regions facing currency instability or limited access to global financial systems, stablecoins provide a way to preserve value and enable cross-border transactions. These use cases highlight blockchain’s role as a functional financial tool rather than a purely speculative asset.
“These are not theoretical use cases,” Yang said. “For many people, stablecoins provide real access to financial systems. The demand is driven by real economic conditions.”
Blockchain also enables censorship-resistant transactions, offering an alternative when traditional financial systems impose restrictions.
“When access to financial systems is limited, the ability to move value without permission becomes extremely meaningful,” Yang added.
Centralisation, risk, and market realities
Despite the focus on decentralisation, many widely used crypto products operate with elements of central control. Stablecoins, for example, are often issued and managed by central entities.
“Most users are not looking for pure decentralisation,” Yang explained. “They are looking for systems that are less constrained than traditional finance.”
At the same time, the crypto market has experienced significant volatility. High-profile failures such as LUNA, FTX, and Celsius have exposed structural risks within the ecosystem.
“Freedom in financial systems comes with real costs,” Yang said. “There are no guarantees or safety nets. That responsibility sits with the user.”
Market cycles and investor behaviour
The crypto market continues to be shaped by cycles of speculation and narrative-driven growth. From ICOs and DeFi to NFTs and meme coins, each phase has shown how quickly capital and attention can shift.
“Markets are driven by stories as much as technology,” Yang said. “Each cycle becomes faster, more speculative, and less connected to fundamentals.”
These dynamics highlight the importance of discipline and independent thinking when navigating digital assets.
“In a market without clear intrinsic value benchmarks, judgement becomes the most important asset,” Yang added.
Blockchain’s long-term role in finance
ViaBTC does not position blockchain as a replacement for all existing systems. Instead, it represents a structural shift in how value can be transferred and stored.
“Not everyone needs decentralisation,” Yang said. “But for those who do, the ability to operate outside traditional systems is significant.”
Even as the crypto market matures, blockchain continues to expand access to financial tools and reshape global participation. Its long-term role remains closely tied to finance, where its core strengths are most relevant.
ViaBTC continues to support blockchain infrastructure through its mining pool and ecosystem, contributing to the next phase of crypto market development.
Explore ViaBTC’s mining pool and ecosystem: (https://www.viabtc.com)
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