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There are still quite a few issues in the stablecoin sector—expensive transfers, slow speeds, fragmented cross-chain liquidity, and poor user experience. One project has targeted these pain points by using low-latency and high-throughput technology solutions to build an on-chain payment network that directly supports stablecoin circulation across multiple public chains, significantly reducing transfer costs and times.
They have also put effort into ecosystem incentives. By combining staking mining and liquidity mining, they attract developers and users to participate. Recently, the mainnet upgrade included a library of smart contract templates, allowing developers to quickly deploy stablecoin applications without starting from scratch, which indeed accelerates ecosystem expansion.
Overall, although the stablecoin sector is highly competitive, this combination—technology to reduce costs, incentives to attract users, and tools to speed up development—still shows some promising ideas.