# 稳定币市场竞争与发展

#稳定币市场竞争与发展 That's great! What does this move by the Federal Reserve mean? Banks can finally enter the crypto space legitimately.
Remember the restrictive policies in 2023? They almost kept banks out of the crypto door—want to issue stablecoins? No way. Want to hold Bitcoin and Ethereum? Nearly impossible. But now, the situation has completely reversed.
The logic behind this shift is clear: regulators' understanding of crypto assets has deepened, and their risk awareness has become more mature. The previous "strong opposition presumption" is outdated; it has been replaced by a more flexible c

#稳定币市场竞争与发展 Seeing Galaxy predict that stablecoin trading volume will surpass the US ACH system by 2026, I am reminded of the experiences of being exploited in this space over the years. The stablecoin market is about to heat up, and it seems like a big opportunity, but this is precisely the area where it's easiest to get caught in pitfalls.
I have seen too many people stumble in the stablecoin ecosystem—either project teams run away or they get caught up in some "high-yield" lending protocol, only to find liquidity drying up. Stablecoins themselves are not the problem; the issue lies in the

#稳定币市场竞争与发展 Seeing Galaxy's 2026 forecast, I am particularly focused on the stablecoin sector—trading volume may surpass the US ACH system, which is a signal of opportunity for us crypto enthusiasts.
Why do I say that? The expansion of the stablecoin market means more interaction scenarios and increased ecosystem participants. Subsequently, a large number of new projects will flood into the stablecoin track to grab market share. These new projects often offer aggressive airdrop incentives to kickstart their growth.
Here are some practical suggestions:
**Step 1**: Start now by paying attention

#稳定币市场竞争与发展 Seeing CZ's words, I am reminded of the wild growth of stablecoins in 2017. Back then, we all thought USDT was the endgame, but then USDC and BUSD took turns, and now FDUSD and USD1 are here.
This logic is actually very familiar—every new competitor that appears claims to be "more transparent," "safer," and "more profitable." Stablecoins have evolved from version 1.0 to 1.5, but essentially, they are still solving an old problem: how to provide real value feedback to users while ensuring stability. The "lying flat" stablecoins like USDT and USDC are indeed no longer meeting the de

#稳定币市场竞争与发展 Seeing the recent discussions in the stablecoin market reminded me of a common misconception among many investors.
People often focus on the high returns of new products but overlook an essential issue: the core value of stablecoins is "stability," not "growth." USDT and USDC are widely adopted precisely because they are sufficiently safe and reliable, and this trust has been built over many years.
Generation 1.5 products are indeed innovative, but with innovation comes risk. FDUSD is limited by fiat on-ramp friction, and while USD1 is fundamentally solid, all new things require t

The competitive landscape of the stablecoin market is worth paying attention to. CZ's analysis clearly points out the current industry status—USDT and USDC dominate at present, but profit margins are limited. The classification of FDUSD and USD1 as 1.5-generation products is supported by data: FDUSD's growth is constrained by friction costs in fiat on-ramps, which can be verified through on-chain liquidity and trading volume; USD1 has a solid compliance foundation in the US, with greater potential for ecosystem expansion in the future.
From the perspective of capital flow, the incremental oppo

#稳定币市场竞争与发展 Today I saw a news story that the Federal Reserve surprisingly withdrew its previous "strong opposition" to banks engaging in crypto activities??? What does this mean? It feels like there has been a major shift in regulatory attitude🔄
I used to think that banks and cryptocurrencies were arch-rivals, but after some research, I realized—2023 policies mainly focused on restricting banks from issuing stablecoins and holding Bitcoin. Now the Federal Reserve says "we understand the change," and is giving different types of banks more operational flexibility😲
What does this mean for st

#稳定币市场竞争与发展 Circle's move is interesting. The directions of the Arc ecosystem fund—on-chain marketplaces, real asset trading, and off-chain foreign exchange liquidity—are essentially focused on developing applications around stablecoins.
The stablecoin market has indeed become more competitive over the past two years, with USDC trying to maintain its dominance, USDT expanding, and various newcomers attempting to carve out their share. From a copy-trading perspective, these ecosystem activities are worth paying attention to because they directly impact on-chain liquidity and transaction costs.

#稳定币市场竞争与发展 CZ's latest statement just came out, and the stablecoin market is just getting started??? That's ridiculous 🚀 Old timers like USDT and USDC are just sitting back and collecting rent. Now, the 1.5 generation FDUSD and USD1 are the real deal. USD1 has a solid foundation in the US, do you guys not understand what that means? The next round of stablecoin racing is about to begin, and those who get in early will laugh last. Fiat on-ramps, yields, innovative features... these are all new opportunities. The market space is enormous, FOMO alert 🚨🚨 Don't pay attention to this sector and