Brothers, Tether has announced plans to launch its own transfer public chain "Stable", a move aimed at Tron, which is expected to face difficulties in the future.
As the world's largest stablecoin issuer, Tether's USDT dominates the crypto market, with a total market capitalization exceeding $150 billion, accounting for 68.2% of the stablecoin market share. However, Tron earns $3 billion annually in GAS fees, which is essentially money taken from Tether's pocket.
Tether launching its own public chain indicates that it can no longer tolerate the situation and wants to play independently. Some friends might say: "I usually use free public chains for transfers, so I won't consider the paid ones." But you have to think: if your transfer amount is in the tens or hundreds of millions, are you more concerned about security or that one or two dollars in GAS fees?
The launch of Stable signifies that Tether is starting to develop its ecosystem, while Tron is getting cut down; it remains to be seen how Sun will respond.
What do you brothers think about this?
