jakiro
Author: BroLeon, the big lion brother of Tu’ao; Source: X, @BroLeonAus
Regarding this stablecoin project @UTechStables, which is rarely mentioned in Binance’s Chinese and English official posts, why do I say it is worth paying attention to?
I don’t want to be the Riddler either, because I doubtThis project may be an important part of Binance’s “cultivation” in the stablecoin track.
Old fans know that I have always been concerned about the fall of Binance BUSD, and I have always been concerned about Binance’s strategic layout in the stablecoin track. I have written more than one or two long articles about Binance stablecoins.
In my opinion,The window period for the stablecoin track is closing, and more institutionally endorsed stablecoins may appear in the future. However, the pattern of stablecoins similar to USDC USDT, which have the opportunity to be widely adopted by the entire industry ecosystem, is basically solidified.
But with such a huge piece of pie that can be eaten while lying down, and strategic materials that are closely related to the potential track of Pay in the future, is Binance really willing to give it away?
From what I know about Binance Tonality, it’s impossible.
FDUSD is obviously a child with cerebral palsy and has wasted several years unable to help him. TUSD has also been eliminated. Although USDe invested, the big stake is not his after all, and it almost caused a big problem.
So I have been waiting for Binance to make a move, but after waiting for a few months, I found that what I was waiting for was the previous policy tilt support for USD1.
But in fact, I am not very satisfied. Without others, USD1 has its own shortcomings, such as the threat of liquidation after Trump steps down that everyone is worried about.Moreover, operations and revenue are not in the hands of Binance itself. If it does well, the benefits are limited, and if it does poorly, it can only be anxious.
So when I accidentally discovered this @UTechStables on the 13th (I should be one of the first KOLs to discover this project in the entire network), I suddenly had an inspiration – is Binance going to raise a trick on stablecoins?
Then, the sudden launch of Binance’s official push 3 days later, coupled with the immediate attention from CZ and Brother Sun, etc., made my speculation more and more solid.
Of course, whether this final guess is correct still requires more puzzle pieces to be gradually completed, such as whether YZi Labs invests in @UTechStables?Who will be the members of this team?To what extent will Binance support this stablecoin?
but i can feel itPerhaps the next wave of narrative opportunities no less than USD1 is on the way.
There really isn’t much time left for Binance, if itIf you hope to catch the last wave of stablecoin tickets, the best way is to survive the fittest and let the strongest one fight out quickly.
Let’s SEE Is my sense of smell right?
