# Setting Aside Bias, Sun's Commercial Insights Were Truly Ahead of His Time

The key to Tron's rise was capturing the "distribution dividend" of the USDT 1.0 era.

## 1/ Tron's "Dollar Distribution Layer" Narrative

Before 2019, USDT primarily ran on Bitcoin and Ethereum—expensive and slow.

He keenly sensed that stablecoins needed a "fast and cheap" transfer layer. Through massive subsidies and extremely aggressive business tactics, he transformed Tron into the largest USDT issuance network. TRC-20 USDT became the hard currency for cross-border transfers, daily payments, and gambling settlements across Southeast Asia, Latin America, and Russian-speaking regions.

As Tron carried hundreds of billions of dollars in USDT liquidity, it became the gatekeeper of the world's largest "dollar distribution layer."

But everything is quietly changing.

## 2/ Stable—M2M Vision and AI Agents' "Settlement Hub"

The problem is that public chains like Tron still operate within "person-to-person" payment logic, yet the largest user base for stablecoins in the future may not be human at all.

Tether CEO Paolo Ardoino has repeatedly predicted that over the next 15 years, the largest consumer of stablecoins will no longer be humans, but AI agents.

There's a massive gap between this possible future and present reality:

**Traditional banking system:** Architecturally unable to provide account opening and settlement services for non-human entities.

**Traditional public chains:** Tron or Ethereum are too cumbersome for AI.

This is precisely the strategic foundation for Stable's birth. It's not another public chain pursuing general-purpose computing, but a specialized L1 designed from the physical layer specifically for "stablecoin-native payments" and the "machine economy."

## Core Backing and Ecosystem Layout

Stable doesn't operate alone—it has the collective support of Tether's vast investment portfolio:

▌ Paolo Ardoino personally serves as public advisor—a move that itself represents an extremely rare exclusive endorsement.

▌ Core portfolio migration: Tether's core invested projects are currently exhibiting a migration trend toward Stable, including:
- Payment application Oobit
- Development components WDK
- Cross-chain protocol LayerZero
- Custody giant Anchorage

## Project Progress and Delivery Capability

▌ **v1.2.0 Major Upgrade (Completed February 2026):** Officially establishes USDT0 as the native gas token. For AI agents requiring ultra-simplified settlement logic, it's currently the only "production-grade" option globally.

▌ **StablePay (Launching Soon):** As a consumer application built specifically for everyday transactions, StablePay aims to bring this "frictionless" payment experience to over 500 million USDT users worldwide.

## 3/ The Best Entry Point for Accessing Tether Ecosystem Dividends

Given the above context, Stable has become one of the best entry points on the market for capturing Tether ecosystem dividends.

Tether generated over $15 billion in net profit in 2025, surpassing Goldman Sachs and Bank of America in profitability. But as a "profit monster" that neither issues tokens nor goes public, aside from Stable, ordinary people have almost no way to access its dividends.

If Sun captured the "channel distribution dividend" of the USDT 1.0 era with Tron, then what Stable is doing is locking in the "machine settlement infrastructure" of the USDT 2.0 era.