The stablecoin sector has seen countless large-scale battles over the years, with twists and turns that are hard to fully explain. But anyone in the industry knows that this ancient sector has determined the rise and fall of many blockchains and exchanges—one flourishing while another declines. Back in the day, Bitfinex and Tether joined forces in Hong Kong, marched north, and on the second day after the infamous '94 crypto crackdown, many traditional payment channels saw the writing on the wall and announced their withdrawal. I don’t understand why everyone is talking about BUSD, as if this stablecoin sector is destined to bring us nothing but trouble. In 2017, after the '94 crackdown, I embarked on an overseas journey. Through stablecoin deposits, the crypto exchange market became unified. Wherever our exchange went, people welcomed us with open arms. It was truly a moment of perfect timing, a flourishing scene where everything seemed to thrive—it’s still vivid in my memory. Yet, less than ten years later, has the stablecoin sector changed so much that there’s no place left for us? No matter what, with 57% of stablecoin reserves on Binance, the advantage is ours!