#稳定币发展与应用 Seeing Tether's move, my mind flashes back to the evolution of stablecoins over the past decade. I remember around 2015, when Tether first launched USDT, the market was full of skepticism—why trust a token issued by a single company? But it was precisely this "distrust" that propelled its growth, because the demand for stablecoins was real.

Now Tether is integrating AI into its wallet, which seems like a product feature upgrade, but actually reflects two important changes in the stablecoin ecosystem. First, stablecoins are no longer just pure value storage tools; they are evolving into complete financial infrastructure—from a medium of exchange to a payment tool, and now to an application platform. Second, AI integration into the crypto ecosystem has moved from concept to practice. Tether's choice to embed AI at the wallet level indicates that stablecoin issuers are beginning to compete for user interaction gateways.

Compared to failed projects in recent years, we've seen many stablecoin initiatives falter due to excessive innovation or detachment from practical applications. Tether has shown restraint this time—supporting only BTC, USDT, the newly launched USAT, and tokenized gold, without cluttering assets. This focus is actually a pragmatic signal. In the long run, the ultimate fate of stablecoins may be just like this: returning to underlying assets, improving application scenarios through a complete toolchain, rather than relying on marketing concepts.

Of course, whether it can truly be implemented depends on execution. History has shown us that there is a significant gap between good ideas and truly usable products.