a16z Crypto, the cryptocurrency division of Andreessen Horowitz (a16z), analyzed that the concept of stablecoins may gradually disappear and be replaced by new terminology. a16z Crypto emphasized that stablecoins are increasingly performing various financial infrastructure roles such as cross-border remittances, real-time payments, direct ownership, and embedded payments, and that making funds operate like software is key. It explained that in the future, it could be replaced by new names such as digital dollar, digital euro, or on-chain assets.