I watched the podcasts of Mr. YettaSing and Mr. Billqian_uae, both of whom are top VCs in the cryptocurrency industry Yetta and Boss Bill, what impressed me the most in this podcast is Sun's business acumen 🤣。 The most talked about track in 2025 is stablecoins, and Sun Ge is almost always the core topic figure. In the podcast, it was mentioned that when I was on Bitfinex, I found that there was too much volatility in cryptocurrency trading, and I wanted to have an anchor currency to stabilize it, so USDT was born. Later, it was discovered that USDT was too expensive to transfer in ETH, and people were reluctant to use it. It was difficult to flow on the chain. Sun keenly seized the business opportunity and created a market, currently capturing over 50% of the global USDT issuance. Dare to think and do, it is indeed the label of Sun Ge The consensus of the two guests is that the life of VC is indeed becoming increasingly difficult nowadays, with limited funds and layout. But if top tier funds have sufficient funds, they can invest more in industry infrastructure. For example, YZI focuses on infrastructure investment and is not eager to pursue short-term financial returns. Funds invest in one or two projects to bring back the entire fund's blood. The overall environment poses great challenges for VCs, but with strategies such as Meme and Fair Launch, small innovation opportunities will continue to emerge in the industry, which ordinary people can also participate in Overall, the industry is still in an upward trend, but competition will become increasingly fierce