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I do not quite agree with Teacher Wu's two viewpoints, and I would like to share some of my own thoughts here:
What will the future landscape of the stablecoin sector look like?
First of all, the stablecoin sector will see a "Battle of the Hundreds of Coins" in the future. After fierce competition, USDT will still be the leader among offshore stablecoins, and USDC will remain the leader in compliant stablecoins, but a large wave of mid-tier stablecoins will be left behind.