XPL will become the stablecoin "backend settlement layer," rather than the frontend application layer.
To understand the position of XPL, you must first understand the "network hierarchy."
Web3 does not require every chain to be user-facing.
Some chains should be application-facing, some should be enterprise-facing, and some should be system-facing.
The positioning of XPL is very clear:
It is not a chain for users, but a chain for backend applications.
In other words:
Wallets will call XPL to complete stablecoin transfers.
CEX will call XPL for internal clearing.
Merchant systems will call XPL for payment confirmation.
Payment companies will call XPL for cross-border settlement.
But ordinary people may never "directly use XPL" from start to finish.
This happens to be its advantage:
Excellent infrastructure is always hidden behind the scenes.
When a user clicks "send stablecoin" in the wallet:
You think it’s the chain.
You think it’s L2.
You think it’s a cross-chain bridge.
But behind the scenes, it is actually XPL running.
This is the ultimate goal.
To become the underlying TCP/IP of the "stablecoin internet" —
invisible, yet omnipresent.
