The stablecoin track is becoming increasingly competitive, with each public chain eager to carve out a share. The design approach of this chain is quite interesting—it directly centers on stablecoin applications, building everything from the underlying consensus to ecological incentives around this core.

Technically, PlasmaBFT consensus is a notable innovation, offering deterministic finality within 1 second and tens of thousands of TPS. This performance level truly stands out among Layer1 solutions. Even more intriguing is the dual fee mechanism, allowing users to choose between USDT or native tokens for transaction fees. The zero-fee USDT transfer feature especially opens up new possibilities for small transactions and cross-border remittances.

The ecosystem is also expanding rapidly. Aave’s locked-in value on this chain remains the second-largest market, with official wallet users surpassing 75,000. Various DeFi blue-chip projects are gradually establishing a presence. Based on these data, the ecosystem’s actual activity level is quite promising. The native token not only handles traditional Gas fees and governance rights but also supports real payment scenarios, making its usage demand more tangible.

Ultimately, the competition among these public chains boils down to whether they can truly implement real financial application scenarios. From the current progress, the direction is correct, but how far they can go depends on the continued development of the ecosystem.