The future pattern of stablecoin track: compliant stablecoin + offshore stablecoin + decentralized stablecoin

Stablecoin Track Future Landscape: Compliant Stablecoins + Offshore Stablecoins + Decentralized Stablecoins The stablecoin market is very much like an iceberg: Compliant stablecoins are the part above the sea level, with USDC dominating the majority, and will likely grow even larger in the future, while also featuring various regional compliant stablecoins; Offshore stablecoins are the part below the sea level, with USDT occupying the majority, which is even larger than the part above the sea level; However, in deeper locations beyond USDC and USDT's reach, there will exist a large number of stablecoins, including niche business scenario stablecoins and decentralized interest-bearing stablecoins. Stablecoin track will experience a "hundred coin battle" in the future. After intense competition, USDT will remain the offshore stablecoin leader, USDC will remain the compliant stablecoin leader, but many mid-to-long-tail stablecoins will emerge. These mid-to-long-tail stablecoins are mainly two types: compliant stablecoins from Web2 companies and decentralized stablecoins from Web3 companies.