I have been thinking about which companies' stocks in the stablecoin sector will explode in the next five years? There is a critical argument: I believe that banks will have an absolute advantage in the field of stablecoin payments and dominate, leveraging their structural advantages in clearing networks and currency creation capabilities. When payment service providers can only operate with a 1:1 capital efficiency (100% pre deposited funds are required for each transaction), banks can exercise pricing power with a 29:1 capital efficiency. The cost of payment does not lie in liquidity, but in the capital, operating expenses, and related risks locked in at settlement. When banks establish a tokenized clearing network infrastructure, they will become the dominant force in the stablecoin field, mastering core compliance resources, customer resources, liquidity advantages, and bank network resources. The fact we may face is that banks will not be victims of stablecoins, but the ultimate beneficiaries and leaders. So, instead of buying Circle, is it better to buy bank stocks for ambush?