《Lightning HSL: Will the Crypto World Give Birth to a Trillion-Dollar Centralized Company?》 (Author: Huang Shiliang) As the total market cap of the industry moves toward the $3-4 trillion range, the era of wild growth is over. Perhaps we should shift our focus to the investment logic of 'from 1 to 100.' Over the next decade, it’s highly likely that the total market cap of stablecoins will surpass $5 trillion. Assuming Circle captures 20% of the market share, that’s $1 trillion. If their net profit margin reaches 2%, their annual profit would hit $20 billion. Currently, the total market cap of crypto is over $3 trillion. Considering that stablecoins, stocks, bonds, and more will migrate on-chain at scale in the future, all of these will generate profits for exchanges. Read the full article: http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=55626