Currently, two stablecoin dedicated L1 coins have not been issued, indicating that Arc and Tempo are about to become popular. Arc announced yesterday that a16z is leading the investment and financing of 220 million yuan, with a valuation of 3 billion yuan. Other institutions are also doing well, and the heat is about to rise. The hibachi in the ecosystem is worth paying attention to. Tempo is an L1 co incubated by Stripe and Paradigm, with a valuation of $5 billion and a financing of $500 million six months ago. Both projects have high ceilings. The difference is that Arc, like Circle, has built its own expressway to serve USDC, RWA, institutional finance and online settlement. Tempo is more like Stripe in remaking an Internet dollar payment network to serve merchant collection, cross-border transfer, AI Agent automatic payment and real payment scenarios. Recently, USD1 was issued natively to Tempo, and I don't think it's just about adding an extra chain. According to Tempo's strategy, this is more like WLFI grabbing stablecoin payment entry in advance. Previously, stablecoins were mostly used as valuation units in exchanges, but now they are moving towards payment, settlement, transfer, and application consumption. Of course, USD1 will also incentivize subsidies to be used on Tempo. If Tempo is going to launch an ecosystem in the future, I guess the motivation will probably not only focus on TVL, but also on real usage. For example, whether there are real transfers, real payments, and real consumption, the native usage of USD1 may also be one of the key points. Saving money to brush hair+using money to brush hair