So many stablecoin projects—who’s the real king? 1. Stripe and Paradigm launched the Tempo public chain 2. Tether invested in the Plasma public chain + created its own stablecoin chain + diversified into Lightning Network/RGB 3. Circle launched the Arc stablecoin public chain 4. Hyperliquid is working on USDH 5. PayPal has PUSD 6. The Trump family’s USD1 Do you think Mastercard and Visa will join the game? So, is your dollar voucher the same as my dollar voucher?