2026-01-09 03:31:43

The US stablecoin bill recently cleared an important procedural hurdle in the Senate, boosting the market's confidence. This development directly ignited the enthusiasm within the community for stablecoin concept tokens.

To be honest, the stablecoin sector has been somewhat quiet over the past two years, but the passage of this bill seems to be changing that situation. Let's first review some active projects.

Aave's GHO has already launched its own stablecoin product. Ethena's ENA has been actively involved in this field and has a strong presence in this wave of enthusiasm. Usual claims to have experienced de-pegging before, and we need to keep an eye on its current situation. However, the most impressive one is Frax's FXS — it is considered one of the few surviving stable projects in the stablecoin era, having endured several bear markets and still standing strong.

It is worth noting that these tokens are selected mainly based on the logic that they are relatively easy to increase in value and have lower risks of decline, but this does not necessarily mean they will rise. The future trend of stablecoin concepts ultimately depends on policy implementation and the actual application of the projects themselves.

GHO-0,01%

ENA1,73%

USUAL0,81%

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GweiWatcher

· 01-09 04:01

FXS, this old buddy, is really a living fossil. Surviving from the 2018 bear market until now, it’s quite resilient. But when it comes to stablecoins, honestly, it’s still a gamble on policies. A bill that’s just a piece of paper leaves you dumbfounded.

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BuyTheTop

· 01-09 03:57

FXS, this veteran truly endures. It survived the bear market and is still around. This is the real survivor game.

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GweiWatcher

· 01-09 03:47

Hey hey, FXS has really proven itself by surviving the bear market, much more reliable than those new projects.

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just_vibin_onchain

· 01-09 03:45

The group of people involved in FXS are indeed resilient. Surviving through the bear market until now is not easy... However, it still depends on when the legislation will truly be implemented. Verbal support and real financial backing are two different things.

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BloodInStreets

· 01-09 03:42

Here we go again, the Senate just passed a procedural hurdle and now they're celebrating wildly? Can this blood fundraising withstand it? FXS has been somewhat interesting so far, but to be honest, policy implementation is still a long way off. Don't get carried away. Regarding the bill, even though it’s been passed, it’s still a long way from actually taking effect. ENA has definitely gained prominence this round, but I really want to know when it will actually start making money. Usual de-pegging can still be hyped up; this market really isn’t short of fools' money. We’re talking about stablecoins here, and people are debating whether they will rise or not—kind of surreal. A value hotspot? Or just a blood fundraising at the bottom? It’s hard to tell right now. GHO, ENA, FXS—sounds good, but how many of them are actually usable? More people are jumping in to buy the dip—good sign or the last crazy rush?

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