CryptoWorld news reports that Tether co-founder Reeve Collins accepted an interview and shared his views on the future evolution path of stablecoins (Stablecoin 2.0). He believes that traditional stablecoins (the 1.0 era) have structural flaws: issuers (such as Tether) invest users’ funds into U.S. Treasuries and retain all 3% to 4% of the returns, while users, as value providers, receive no return. To address this issue, Collins launched the next-generation decentralized stablecoin protocol STBL, which uses an innovative dual-token structure. Collins emphasized that STBL is a decentralized protocol technical infrastructure that enables institutions such as banks, well-known brands, and sports franchise rights to issue their own transparent, yield-bearing customized stablecoins on top of it.