[CZ: Currently Still in Stablecoin 1.0 Phase, Stablecoin 2.0 Has Yet to Truly Begin] Odaily Planet Daily News: CZ stated during the '2025 Year-End Q&A AMA' hosted by BNB Chain that the market is still in the Stablecoin 1.0 phase, and Stablecoin 2.0 has yet to truly begin development. The largest stablecoin by market capitalization currently does not provide yields, and Tether has captured a significant market share due to its first-mover advantage. He believes Ethena's approach has been relatively successful, as the project has been adopted by numerous exchanges and is able to provide yields to users, encouraging teams to continue exploring such models. CZ also pointed out that the current regulatory environment is more open compared to the past, but BNB Chain has not deployed a native stablecoin for some time. The BNB team will welcome as many stablecoin-related projects as possible and provide them with the strongest support.