According to Howard Wu (@1HowardWu), stablecoins play a crucial role in globalizing access to the US dollar and serving as an accessible entry point into the crypto market. However, Wu emphasizes that without some degree of privacy for transactions, particularly for everyday purchases, widespread mainstream adoption of stablecoins is unlikely. This insight is particularly relevant for traders evaluating stablecoin projects, as user privacy features could become a major differentiator and drive future demand, impacting the overall liquidity and adoption rates in the cryptocurrency market (Source: Twitter/@1HowardWu, May 15, 2025).