In recent days, Circle has gone public and surged fourfold, but Visa and Master have started to decline. With the smooth implementation of the US stablecoin bill, more and more traditional giants will issue stablecoins or support stablecoin payments to save a large amount of payment costs. This revolution has just begun, just like the replacement of fuel vehicles with new energy vehicles in the past decade! The future competition will also be between the US dollar stablecoin and the Chinese yuan stablecoin. Of course, currently the US dollar is far ahead, the Hong Kong dollar stablecoin is about to be officially launched, and the Chinese yuan is still in the darkness before dawn!