I’m increasingly starting to feel that many people don’t even realize the Stablecoin war has already gone off course.

In the past, everyone competed on who had more transparent reserves and a bigger scale; now it’s turning into a question of who can truly integrate into real-world payment and spending scenarios.
This is also why I started paying attention to @FIH_USD1 recently.
Many projects are still stuck in competing for on-chain yield, but USD1 puts more emphasis on payments, clearing, and real-world use cases.
Many longtime players may think stablecoins lack imagination, but in reality it’s often the opposite: what truly determines the industry’s scale is never volatile assets, but stable liquidity.
Especially now, as more and more countries begin to pay attention to the on-chain dollar system, the market will slowly come to realize that Stablecoin is no longer just a medium of exchange—it’s becoming a form of digital financial infrastructure.
So I actually think the future may be hardest to underestimate—precisely these projects that look the most boring.
Because all the crazy narratives around Meme, DeFi, and AI ultimately come down to stable liquidity.
@Galxe @GalxeQuest @wallchain @TermMaxFi @River4fun @RiverdotInc