#稳定币市场发展 Stablecoins surpass $310 billion, a 70% increase in one year. It looks impressive, but I have to be honest—the story behind this number isn't something everyone can see clearly.

Remember the "stablecoin revolution" hype from a few years ago? I've seen too many people dazzled by such growth figures, only to see the projects they invested in go to zero within six months. So now, when I see this news, my first reaction isn't excitement but to ask myself: Is this $310 billion truly driven by healthy demand, or is it another round of whale game chips?

The report says the main drivers are "global payment applications, institutional demand, and DeFi development." Sounds fine, but there's a trap—when institutions come in, retail investors' influence begins to be diluted. They aren't entering to make you money; they're in for their own liquidity and yields. The prediction to reach $2 trillion by 2028? I've heard this kind of forecast too many times, and in the end, it always turns into a game of musical chairs.

My advice is: if you really want to participate in the stablecoin ecosystem, don't chase the growth rate. Instead, ask yourself—are the assets backing this stablecoin real? Are the issuing institutions' risk controls reliable? If a black swan event occurs, can you extricate yourself?

Longevity is more valuable than quick gains.