Abandon fantasies and take reality seriously 1. The focus of RWA is still on stablecoins, and the focus of payments is also on stablecoins. DeFI only has three functions: trading, lending, and transferring, which are still stablecoins 2. Today's Trump Defi Act, the first reaction is still stablecoins, not trading and lending 3. Stablecoins have a wide range of upstream and downstream markets, and those that are easy to speculate on in the cryptocurrency industry are mainly the port based CRV issuers, such as ENA US Terminal TRX 4. The market prioritizes speculating on ports, similar to the AI wave, and ultimately chooses to speculate on Nvidia's computing power. No matter who comes, we have to use computing power Therefore, the implicit meta is stablecoin, This wave of resistance to decline and rebound in CRV demonstrates this fact But I am still struggling with whether the big cake will fall and how to value the end of CRV... Level 2 is really difficult