#稳定币市场 USD1 this wave of momentum is quite interesting, with a market cap breaking 3 billion and a 7.68% increase over 24 hours. Binance's 20% annualized financial product is indeed very attractive, no wonder funds are flowing in.

The key point is that Yi Li Hua's recent statement also sends a strong signal, directly saying that stablecoins are the most important sector in the industry and that they will continue to hold heavy positions to support this. This logic actually makes sense—stablecoins are like the "fiat channels" in the crypto world; whoever can do this well will control the traffic entry.

However, on the other hand, with such fierce competition among stablecoins, USDT and USDC are veteran players. USD1 will truly turn around only if it performs well in the long term. How long this current hype can last, and whether it can form genuine ecological demand, are the real tests. Anyway, this short-term craze looks good, but how it will develop in the long run still needs continuous observation.