When a client of the caliber of Firedancer advances to the mainnet, Solana's narrative will shift from 'can run' to 'runs too fast.' The increase in speed, lower costs, and more intensive interactions will yield a very counterintuitive result: the true winner may not be a particular meme, but rather stablecoins—because when on-chain activity becomes routine, no one wants to use volatile assets as the default currency.
That's why I say the speed revolution will ultimately push stablecoins to become 'default pricing.' And when stablecoins become the default pricing, what on-chain users need most is not a bunch of homogenized 1 dollar bills, but rather a more structured and interpretable dollar base. USDD must be emphasized here because its positioning leans more towards 'on-chain cash engineering' rather than 'exchange balances.'
USDD is a decentralized, over-collateralized stablecoin, targeting a 1:1 peg to the US dollar, emphasizing transparency and stability, and can be embedded in DeFi scenarios. You can think of it as: as the chain becomes faster and strategies become more complex, you need a stable pricing anchor to support collateral, lending, market making, and settlement. Over-collateralization provides a repayment buffer, the anchoring module offers a price correction path, and on-chain verifiable information allows you to make judgments based on facts amid volatility and rumors.
The faster the speed, the greater the risk will be 'minute-level': incorrect authorizations, phishing signatures, slippage impacts, and chain liquidations will occur more rapidly. Therefore, the capital structure must be more professional: offensive positions chase speed, cash positions chase certainty. USDD is suitable for cash positions: you don’t have to expose all your funds to volatility and strategies just to 'continue on-chain'; you can first use USDD to park your funds in a dollar form and then allocate a small portion to high-frequency strategies.
If you want to make your cash position more efficient, the staking form of sUSDD provides the possibility of value accumulation, usually reflected in changes in exchange ratios (subject to the current page, not constituting a commitment). However, in any case, the speed revolution of Firedancer will ultimately lead the industry to a reality: the default currency will be stablecoins, and the core competition of stablecoins will become 'structure and mechanism'. USDD should be understood as infrastructure in this new stage.
Disclaimer: The above content is the personal research and views of 'carving a boat to seek a sword', intended for information sharing only and does not constitute any investment or trading advice.
