In the past few days, Circle went public and surged fourfold, but both Visa and MasterCard have started to decline. With the smooth progress of the U.S. stablecoin legislation, more and more traditional giants will issue stablecoins or support stablecoin payments to save the considerable payment costs that exist. This wave of revolution has just begun, much like the past decade where new energy vehicles replaced fuel vehicles! The future competition will also be between USD stablecoins and RMB stablecoins. Of course, currently, the USD is far ahead, and the HKD stablecoin is about to be officially launched, while the RMB is still in the darkness before dawn!