There are two things that seem unrelated, but I find it interesting to compare them: 1) @plumenetwork collaborates with Circle to introduce native USDC for the RWAFi ecosystem; 2) @HyperliquidX launches its own stablecoin USDH through community auctions; 1) Plume's embrace of USDC essentially follows a "leveraging" strategy, accelerating institutional capital inflow by integrating the most compliant stablecoin, effectively choosing Circle as the "official endorsement" for Plume's RWA strategy. On the other hand, Hyperliquid, a perpetual leader with daily trading volumes often reaching tens of billions of dollars, launching the stablecoin USDH has the opposite goal, clearly aiming to "build ships and set sail," unwilling to keep making others rich. After all, controlling a stablecoin grants pricing power, and a series of benefits from minting, circulation, and interest can directly form a financial closed loop; 2) For Plume, the integration of USDC can complete its business closed...
Show original
10.71K
18
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.