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We have been immersed in how to integrate crypto and fiat payments more smoothly in the past, and most payment projects are doing this. I think this was realistic and reasonable from the early product-market fit perspective, but my recent insight is, why do we have to conceive a stablecoin ecosystem based on deposits and withdrawals? The previous cycle was a bit early, and the current cycle is just right. In the next bull run, an independent stablecoin world will become mainstream.