
Arthur|Aug 12, 2025 12:23
Am I the only one bearish on all these new stablecoins-focused chains being able to compete with existing generalized L1/L2s?
So much network effect, infrastructure integration headstart for them to overcome. People forget there are a lot of path dependency for Ethereum/Tron to get to where they are now and there are no incentive for end users to switch over.
Fee is non-issue as Solana is cheaper enough.
Feels like just a cheap call option for all these stablecoins issuers.(Arthur)
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