Regarding the RWA track, the US dollar essentially performs the most resilient. If we really talk about decentralized stablecoins, the difficulty level is indeed high—over the years, various projects have emerged one after another, but ultimately they have been suppressed by the market share of USDT and USDC. The supposed ecological prosperity is an illusion; market concentration is the true reflection.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
6
Repost
Share
Comment
0/400
wrekt_but_learning
· 01-11 18:57
The game of stablecoins has long been decided; USDT is the ceiling that no one can surpass.
View OriginalReply0
ChainMemeDealer
· 01-11 18:56
Regarding stablecoins, to put it simply, there are only two major players dominating, and the rest are just supporting roles.
View OriginalReply0
ImpermanentTherapist
· 01-11 18:45
The US dollar is indeed the king, and decentralized stablecoins are just a joke.
View OriginalReply0
OfflineNewbie
· 01-11 18:41
Damn, it's the same old rhetoric... USDT and USDC monopolize the market. To put it nicely, it's a choice; to be blunt, there's nothing we can do.
View OriginalReply0
AirDropMissed
· 01-11 18:38
Really, it's just centralized winners take all, and decentralized stablecoins are just side players.
View OriginalReply0
LightningClicker
· 01-11 18:32
To be honest, the decentralized stablecoin thing has been dead for a long time; it can't compete with USDT.
Regarding the RWA track, the US dollar essentially performs the most resilient. If we really talk about decentralized stablecoins, the difficulty level is indeed high—over the years, various projects have emerged one after another, but ultimately they have been suppressed by the market share of USDT and USDC. The supposed ecological prosperity is an illusion; market concentration is the true reflection.