Ethereum's flexible architecture makes it the go-to platform for asset tokenization, which largely explains why stablecoin offerings have exploded across the ecosystem. There's an interesting pattern here: most users instinctively measure cryptocurrency value in dollar terms rather than the native asset itself. This preference for dollar-denominated pricing has become a core driver behind the proliferation of stablecoins as essential infrastructure in Web3.
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LayerZeroEnjoyer
· 12h ago
Honestly, valuing in USD has long been a human instinct; everyone wants to see stable numbers rather than daily volatility... The explosive growth of stablecoins in the ETH ecosystem is also very normal.
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Ser_Liquidated
· 12h ago
Basically, it's the psychology of the US dollar acting up. Everyone wants to use stablecoins; no one really wants to hold onto volatile assets.
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EyeOfTheTokenStorm
· 12h ago
Based on historical data, the truth behind the explosion of stablecoins is that everyone lacks confidence, and they still need the backing of the US dollar to dare to play. From a technical perspective, this precisely indicates that the market is not yet mature enough; we are still far from true decentralization.
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MEVHunterWang
· 12h ago
Basically, everyone still trusts the US dollar. No matter how tough the crypto people talk, they still have to settle accounts in USDT.
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ILCollector
· 12h ago
Basically, everyone still trusts the US dollar, and that's the real reason behind the explosion of stablecoins.
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BetterLuckyThanSmart
· 12h ago
NGL stablecoins are the final surrender in Web3; users still can't escape the spell of the US dollar.
Ethereum's flexible architecture makes it the go-to platform for asset tokenization, which largely explains why stablecoin offerings have exploded across the ecosystem. There's an interesting pattern here: most users instinctively measure cryptocurrency value in dollar terms rather than the native asset itself. This preference for dollar-denominated pricing has become a core driver behind the proliferation of stablecoins as essential infrastructure in Web3.