If you still understand stablecoins in one sentence:
'After all, it's all pegged 1:1 to the US dollar,'
Then you've already fallen behind this round of changes.
Because now, a transformative event is happening with stablecoins:
👉 They are starting to be officially 'rated'.
1. Stablecoins are no longer just tools, but 'financial liabilities'
In the past, the logic of stablecoins was very simple:
Can it be exchanged for US dollars?
Will it lose its peg?
Can it be redeemed at any time?
But now, the logic has upgraded.
What are stablecoins starting to be seen as?
👉 A financial liability that needs to be assessed for 'repayment ability'.
In other words:
What assets are you holding behind you
Are these assets valuable
Will the pressure shrink when it comes
These will all be taken out and examined.
Two, why does USDT dare to buy real-world assets?
Many people do not understand:
Why are stablecoin issuers starting to directly buy clubs, companies, and real assets?
The answer is simple:
👉 Because stablecoins are no longer just circulating on-chain but are starting to affect real financial stability.
when the scale reaches this level,
You do not 'appear stable',
Others will force you to prove 'how stable you really are.'
Buying real assets essentially means one thing:
👉 I am not just making promises; I have real capital strength.
Three, what is USD1 doing? It is seizing 'pricing power'
USD1 Recently, the most critical move is not the rise or fall,
but are constantly used to:
as a trading pair valuation unit
as a settlement medium for new assets
embedded in different ecosystems
You need to understand one thing:
👉 The real war of stablecoins is not about issuance but 'who is used by default.'
Once users start to get used to pricing with a certain stablecoin,
It will automatically become 'infrastructure.'
Four, what will happen in the market after stablecoin grading?
I'll just say the result:
high-rated stablecoins
→ become the default option for institutions, exchanges, and settlement layers
low transparency stablecoins
→ Can still be used, but the cost will increase
Ambiguous stablecoins
→ will be slowly marginalized
This is not a conspiracy,
This is the instinct of the financial system.
Five, why is this a major benefit for the entire market?
Because it means:
👉 Stablecoins are no longer maintained by 'belief' but by 'system.'
This will bring two results:
1️⃣ Systemic risk decreases
2️⃣ Real long-term funds are more willing to enter the market
While assets like BTC and ETH,
It is precisely built on 'stablecoins as the basis for settlement.'
Six, in this round of market, stablecoins are the 'foundation'
You put together all the clues from these days:
Invisible QE begins
Traditional finance criticizes verbally but opens doors with their hands
Stablecoins are rated, scrutinized, and required to be transparent
Funds begin to avoid high-leverage narratives
You will discover one fact:
👉 What is repeatedly confirmed is not a certain currency, but the 'settlement system.'
And stablecoins stand at the very bottom of this system.
Seven, my judgment on stablecoins
👉 In the next two years, stablecoins may not grow the most, but they will definitely be the most important.
They determine whether funds can enter
Determines whether it can remain stable during panic
Determines which ecosystem will be used long-term
When stablecoins begin to be graded,
The entire market has entered a more mature stage.
💬
You think stablecoins are being graded,
is a compromise of decentralization,
or a sign of the entire industry 'coming of age'?
If stablecoins have high and low grades in the future, will you still use them indiscriminately?\u003cc-269/\u003e
\u003cc-51/\u003e
\u003cc-258/\u003e
