[CZ Responds to Binance Supporting Multiple Stablecoins: Not a Horse Race Model, Competition Will Drive the Development of Stablecoin 2.0] Odaily Planet Daily News – During the '2025 Year-End AMA' hosted by BNB Chain, a user asked whether Binance's long-term support for FDUSD and its recent support for USD1 constitutes a 'horse race model.' In response, CZ stated that he does not view this as a horse race model. When a platform or ecosystem is open, many teams will enter and launch projects, which is a normal way of operating in the business world. CZ pointed out that the platform hopes every project can succeed, but objectively, competition does exist between projects, and this competition is often positive. He believes that in the end, network effects will come into play, and users will naturally gravitate toward the most competitive products. Additionally, CZ expressed his belief that the second generation of stablecoins will outperform the current generation of stablecoins.