Every stablecoin ultimately needs at least one dedicated stablechain. For new stablecoins, it is extremely difficult to shake the trading share of USDT or the on-chain advantage of USDC by following the old path; there is a moat called network effect. The real arena will be in cross-border settlement and commodity trade. As the price war intensifies, "no Gas payment" will inevitably become the industry standard (just like Alipay transfers do not charge fees and do not require you to hold another currency to pay transaction fees). At the same time, using the stablecoin itself as the native Gas token will also become the default configuration. If the chain achieves hundreds of thousands to millions of transactions daily, it will significantly boost the adoption rate of that stablecoin and lower the usage threshold. Currently, stablecoin projects that have not launched or incubated a stablechain will eventually be forced to enter the market. Moreover, a single stablecoin should not...
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