In this cycle, stablecoins have experienced the most rapid development. From the lows of the last bear market, there has been a significant increase. Last year, the growth was 50%, and as we move into 2026, prices continue to rise, surpassing historical peaks. Unlike the wild projects of the previous cycle, this cycle is dominated by institutional-grade stablecoins, primarily USD1, emphasizing stability, security, transparency, and regulatory friendliness. In Binance's latest reserve proof, an additional reserve of USD1 has been added, reaching 103.13%.