A dual-function stablecoin architecture could be genuinely transformative for the market. Picture this: public transfers that satisfy regulatory requirements and compliance checkpoints, while private transfers handle everyday transactions where users value discretion. This hybrid model bridges the gap between institutional acceptance and user privacy expectations. The market clearly needs this kind of solution now—combining transparent on-chain settlement for regulators with confidential transfers for regular users would unlock mainstream adoption. It's the kind of product gap that, once filled, becomes indispensable infrastructure.