Stablecoins Trend in the Second Half of the Year: Who is the 'King of Stablecoins' - Solana, Sui, or ETH?

1. Mainstream Financial Giants Reveal: FiUSD + Solana

• Fiserv launches FIUSD, this traditional financial giant that processes 90 billion transactions annually, serves 10,000 banks and 6 million merchants, announces its stablecoin will be based on the Solana chain.

• Mastercard collaborates to enable 150M merchants to accept stablecoin payments, fully covering payment scenarios.

This essentially tells the market: Stablecoins have officially begun to move towards the consumer end.

Reasons for Choice:

• Supported by Solana + Circle/Paxos, with mature technology + robust ecosystem;

• With Fiserv's traditional financial infrastructure, the rollout speed is faster than anyone else;

• Clear policy direction, compliance with stablecoin regulations is becoming increasingly solid.

2. Emerging Liquidity Dark Horse: SUI's Bridge Adhesion and TVL Explosion

• Sui chain currently has a TVL of 1.8–2.1 billion USD, stablecoin supply exceeds 1.2 billion USD, ranking third among non-EVM chains.

• Market consensus: If SUI can 'break $3.30', it may welcome the next wave of upward momentum.

• Plus, with Wormhole + OKX + Momentum constructing cross-chain bridges, stablecoin inflows are accelerating, and interoperability is smoother.

Reasons for Choice:

• Surge in TVL and liquidity indicates capital is entering the chain;

• Compliance penetration + continuous growth of stablecoin scenario users;

• Potential stock, undervalued at high opportunities, spot purchases can be arranged.

In addition, also pay attention to:

• Ethereum (ETH): A solid foundation built over the years, the DeFi stablecoin ecosystem has become a cornerstone;

• Other chains like Sei, LayerZero, etc., can also act as agency bridge tools, but currently, mainstream stablecoin liquidity tends to favor ETH/SOL/SUI.

Stablecoin Layout Suggestions for the Second Half of the Year

1. Focus on spot trading, contracts require caution: Market volatility is high, leverage can easily get washed out, stablecoin + chain selection is recommended;

2. Mainline three combinations:

• Solana + FIUSD: Mainstream stablecoin rollout + support from financial enterprises;

• Sui: Potential stock driven by DeFi-TVl-cross-chain;

• ETH: Established stablecoin application center, serving as a stable pillar for allocation;

3. Pay attention to compliance progress: GENIUS Act + bank bridge stablecoin policies are gradually clarified, whoever seizes the opportunity will win long-term trust;

4. Timing: If there is another drop (due to negative release), small batch trial positions can be opened, and wait to increase positions after the actual usage experience strengthens.