Just browsing Twitter, I saw that #USD1 is associated with #Myriad, officially entering the prediction market settlement. Now the competition for "scene rights" among stablecoins is getting more interesting.

Looking back at a few major stablecoins, their growth paths are actually quite different:

USDT: Won due to time dividends. In the early days, there were basically no options for exchanges, and gradually it became the default currency.

USDC: Took the institutional route, partnering with institutions, aiming for an elite path as DeFi collateral.

It seems that USD1 is taking a third path: growing from application scenarios.

This time entering the prediction market is actually quite reasonable. Prediction markets have a very obvious characteristic: funds will keep circulating frequently within them.

👉 Prediction → Settlement → Re-prediction

👉 Bet → Won → Re-bet

If a platform defaults to using a certain stablecoin for settlement, over time, users basically get lazy to switch back to other stablecoins. Gradually, this stablecoin becomes the default currency within that scenario.

So I feel that USD1's strategy is actually quite clear; it does not compete with USDT in history nor with USDC in institutions. Instead, it seeks out some new growing scenarios, like DeFi, AI, and prediction markets.

If more and more projects in these scenarios default to using USD1 for settlement, then demand will actually emerge on its own. Combined with synergy with the BNB Chain and being backed by a large tree for shade, for retail investors, low fees and high speed create a quick experience that can retain users.

Overall, the flywheel effect of USD1 is forming; the more scenarios there are → the stronger the demand → the deeper the liquidity → more project parties willing to connect, the future development is unlimited, let’s wait and see.🧐

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。