USDT and USDC announced the creation of their own public chain, reshaping the landscape of the cryptocurrency market, and the battle for the "lifeline of payments" has begun.
Previously, TRX could rise 10 times in a bull market, mainly because it held over half of the USDT transfer traffic on the TRC20 chain, with GAS fees and user choices continuously empowering it.
However, the wind will change: after stablecoins build their own public chains, ETH, SOL, and TRX, which relies on single traffic, will face a crisis of being pulled from the bottom. Sun's stablecoin has not taken off, and facing giant public chains, a long-term negative outlook for TRX is a certainty.
The biggest opportunity in the primary market is to provide a public chain for GAS burning for stablecoin transfers. In the future, tens of trillions of stablecoin transfers will be completed through such public chains, and GAS fees will turn into value accumulation. This is a wealth window period for overtaking, or replicating the 10 times myth.
Opportunities do not wait for anyone; after the launch of stablecoin public chains, competition will become fierce. Those who layout in advance can seize the initiative. If the cryptocurrency market misses this era-level opportunity, it may have to wait for another bull-bear cycle.
