Megaeth has chosen to launch its own stablecoin USDM, and Hyperliquid has also started to promote its own stablecoin USDH. More and more public chains are realizing the limitations of Gas and Sequence fees, and the need to shift payment methods. Originally, there weren't enough high-performance scenarios on-chain, with the most mainstream high-performance scenario being Memecoins. As new forms of on-chain interaction (CLOB) emerge, new trading assets (commodities, stocks, foreign exchange) are being brought on-chain, making traditional fee models outdated. An increasing amount of volume is concentrated on-chain, but the pricing of market makers and trading institutions will gradually shift part of it on-chain. Therefore, in high-turnover scenarios, to reduce Gas and Sequence fees, it is necessary to transfer payment costs, making stablecoins one of the few options available. When capable chains are born, they are likely to refuse to give away free chips to CEX, turning into private...
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