#稳定币 After reading this entrepreneur's self-narrative, one detail worth noting is that the actual penetration rate of the payment industry is far below the public discourse hype.

Samples like Yiwu and Shui Bei, which are frequently mentioned in reports, show that stablecoin usage is actually scattered and relationship-driven, without forming a standardized scale pathway. What does this indicate? There is a clear mismatch between on-chain data and offline reality.

The core issue lies in the fact that the bottleneck in payments has never been at the product level but at the infrastructure level. The stability of fiat on-ramps, banking relationships, compliance systems, and risk control capabilities are the real barriers. Many seemingly "successful" Web3 payment paths are essentially taking on risk premiums rather than capability premiums. No incidents so far ≠ long-term sustainability.

From on-chain signals, there is indeed an incremental market for stablecoins, but it won't be a short-term dividend; rather, it represents a decade-level infrastructure overhaul. True scaling won't occur at the user end but through upgrades to enterprise treasury and cross-border settlement systems—these are hidden iterations.

This entrepreneur's choice reflects a more rational understanding: payments are good business, but the match of resource endowment determines everything. For most teams, the real opportunity may not be in fighting over water routes but in the fund management stage after the water flow has stopped.