#稳定币发展# Looking back at the development of stablecoins, it truly evokes a myriad of emotions. From the earliest USDT to the later USDC, DAI, and various innovative attempts, each step embodies the wisdom and effort of the industry. The recent rumor clarification by Ant Group regarding rare earth RMB stablecoins reminds me of the time when various novel stablecoin concepts emerged endlessly.

To be honest, the importance of stablecoins as the infrastructure of the cryptocurrency ecosystem is self-evident. However, precisely because of this, any innovations related to it must be approached with caution. Looking back at the UST/LUNA collapse in May 2022, the shockwaves it brought to the entire industry are still felt today. Ant Group's clear denial of the related rumors also reflects the cautious attitude of large institutions towards the stablecoin sector.

From a historical perspective, the development of stablecoins is often closely linked to regulatory policies, market demand, and technological innovation. The advancement of central bank digital currencies in various countries will undoubtedly have a profound impact on the existing stablecoin landscape. In the future, we may see more integration of traditional financial institutions with blockchain technology, but this process is bound to be gradual.

For us veterans who have witnessed multiple bull and bear cycles, it is especially important to remain rational and not easily believe rumors. Every innovation in the stablecoin field is worth paying attention to, but we should focus more on its long-term value and practical application scenarios, rather than being misled by short-term speculation. Let us continue to observe and examine the present with a historical perspective, contributing to the healthy development of the industry.