# Problem Statement The adoption of stablecoins and tokenized real-world assets is accelerating as regulatory clarity increases and fintech platforms, exchanges, and financial institutions prepare to deploy on-chain payment products at scale. However, the interface layer of blockchains has not evolved in parallel with this demand. Today, most on-chain interactions still rely on raw wallet addresses, fragmented across chains and environments, with no native concept of accounts, attribution, or risk. This creates friction for users and operational risk for platforms building production-grade financial systems. Address-based UX exposes users to irreversible errors and phishing vectors such as address poisoning, while preventing platforms from enforcing account-level controls, limits, and compliance logic. As stablecoins move toward regulated, institution-facing use cases, the absence of a safe, account-based interaction model has become a structural bottleneck for adoption. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://snowball-mns.gitbook.io/snowball/introduction/problem-statement.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.