Haotian | CryptoInsight
Haotian | CryptoInsight|Oct 30, 2025 04:57
A good technology narrative track that goes viral will naturally reward value projects that work silently in it, but in the short term, the greater beneficiaries are actually projects that have capital, technology, and market influence but are not understood due to the cognitive threshold being too high. @ pegerse_io is even one: 1) Before the x402 narrative fire, Pieverse was a project positioned as a "payment infrastructure" on @ BNBCHAIN, which abstracted a new concept called TimieFi (time finance) and aimed to transform time itself into a tradable and financialized asset. Does it sound abstract? It is natural to feel like a speculative concept, but the project team is actually trying to build a new set of timestamp value protocols in scenarios such as AI agents, enterprise level payments, and creator economy. I won't elaborate on it specifically. 2) Because it's not important anymore, the explosive popularity of the x402 track actually gave Pieverse another narrative medium with stronger penetration. This team also reacted quickly and quickly launched the x402b protocol, aiming to create the first project to introduce a formal x402 protocol for BNBChain. I can't roast about it. At present, BSC has too many Li Gui projects in x402 vests. How to do it? I have also analyzed before that due to the fact that native USDC is only integrated in the Base ecosystem, other chains that want to integrate x402 protocol with EIP-3009's one-time authorization standard will face an awkward situation: either they will encapsulate a USDC mapping version themselves, or they will rely on third-party bridged Wrapped versions. The former requires maintaining an additional asset mapping layer and bearing audit and security risks, while the latter may have issues with liquidity dispersion or price deviation, mainly undermining the original intention of x402's native "plug and play" feature. So, Pieverse directly created a new stablecoin to natively integrate EIP-3009- a 1:1 Peg USDT stablecoin. By doing so, a different way has been achieved to promote "native" sexuality. This approach is very clever, as it transforms the technical complexity issue of integrating the USDC (EIP3009) version into a stable coin adoption and popularization problem for pieUSD (which is also a daunting challenge). 3) To be honest, this approach is not native or orthodox for the Base ecosystem, but it is not contradictory for the large-scale adoption of the x402 protocol payment standard, as the x402 track was initially a protocol competition and will eventually evolve into an "ecological competition". In the stage of protocol competition, the implementation of technology is naturally prioritized over compatibility, user experience, standardization level, and so on. However, in the stage of ecological competition, the technical threshold becomes less important. Competition is needed to determine which stablecoin has the highest adoption level, which protocol standard wallet or multi chain Infra integration level is high, and whose ecological protocol can be combined with Lego stacks, etc. This is actually the strategic path that Pierverse attempted to break out of the BSC chaos: Firstly, focus on positioning the main x402 track, then use pieUSD stablecoin to overtake in corners, and ultimately consolidate its position with the liquidity and development activity advantages of the BSC ecosystem.
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