💰Why is every chain suddenly wanting its own stablecoin? Recently, there has been a wave of "stablecoin chains" in the crypto space! 🌪️ Whether it's ARC launched by Circle or Tempo developed in collaboration with Paradigm and Stripe, they are all building dedicated chains around stablecoins. What exactly is happening behind the scenes? After carefully listening to this episode of Unchained, featuring Gordon Laauo (Circle's chief number cruncher) and the head of research, I finally understood the reasons behind it; Here are the main points from this episode of the podcast👇 1️⃣🎯 Core Driving Force: Competing for Profits Simply put, it's about money! The core profit model of stablecoin businesses: users deposit funds → issuers invest to earn profits → easy money Previously, these profits were monopolized by big players like USDC and USDT. Now, various ecosystems want to "get a piece of the pie." For example: The Solana ecosystem is discussing issuing "USD Manlet" to use...
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