Hemi brings something genuinely different to the table when it comes to using Bitcoin as stablecoin collateral. While other chains have attempted similar approaches, they hit structural limitations that Hemi sidesteps by design. The network's architecture actually creates a native advantage for BTC-backed stability mechanisms—something competitors struggle to replicate at scale. It's not just incremental improvement; it's a fundamental rethinking of how Bitcoin can serve DeFi's collateral needs.