I believe many people feel regret for missing out on @PlasmaFDN, and have expectations for Tether's other stablecoin chain @Stable. Of course, there is also confusion about why @Tether_to is pursuing a dual strategy of Plasma + Stable? Will Stable issue a token? What exactly does Tether, the king of stablecoins, intend to do? Let's discuss my understanding: In simple terms: Tether's "dual sword strategy" with Plasma and Stable is actually aimed at reclaiming the "market dividends" that have been benefiting Ethereum and Tron for years, achieving a significant leap from being a stablecoin issuer to a global payment infrastructure. 1) First, let's talk about reclaiming the cake. Currently, USDT has a market cap of $170 billion, with an annual trading volume that even exceeds the total of PayPal and Visa. However, Tether can only earn 3-4% in government bond interest. Although the annual profit is around $13 billion, it pales in comparison to the actual value it creates. How do we...
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