Viewpoint: The legitimacy of public chains can be measured by the support of mainstream stablecoins

Chain analyst ZachXBT stated today that one of the important indicators for measuring the legitimacy of a public chain is whether it has native stablecoin support from major stablecoin issuers such as Circle, Tether, or Paxos. At present, Cardano (ADA) and XRP Ledger (XRP) have not received support from these stablecoin issuers, and there are no mainstream stablecoins such as native USDT, USDC, or PAX on the chain.