Another major crypto trend to watch: every Layer 1 will eventually issue its own native stablecoin. Over the years, countless Layer 1 networks have paid significant sums—or at least devoted major resources—to bring $USDC or $USDT natively onto their chains. Yet when the supply of these stablecoins grows, the primary beneficiaries are always the issuers themselves — @Tether_to and @circle. Of course, greater stablecoin liquidity increases on-chain usability, so the networks still benefit indirectly. But everyone knows that issuing a stablecoin is an extremely lucrative business. Handing that entire opportunity to a few centralized companies is, in many ways, a lost economic opportunity for the ecosystems themselves. That’s why, going forward, I believe many Layer 1 foundations — and even Layer 2 networks — will move to issue their own native stablecoins. They’ll aim to expand native stablecoin supply and build a flywheel where the revenue generated from issuance and reserves is reinvested directly back into their ecosystems. Over time, this approach could become the new industry norm. In that context, @Stablecoin ’s stablecoin issuance infrastructure is likely to play a major role, enabling networks to launch their own native stablecoins quickly and compliantly. It will be fascinating to see how this trend reshapes the stablecoin market, which has long been dominated by Tether and Circle. Examples: @HyperliquidX 's USDH, @megaeth's USDm, and now @SuiNetwork 's USDsui.