Recently, I made an interesting discovery while analyzing on-chain data.

Every day, we argue on social platforms about which sector is the next big trend—AI computing power? RWA assets? Or DePIN IoT? The debates are heated. But if you strip away all the hype and look at the cold, hard on-chain data, you'll find that Web3 actually has only one thing that has truly taken off—stablecoins.

The total market cap exceeds $170 billion. The daily settlement volume often surpasses Visa. This number doesn't lie.

The magical part is: all of this $170 billion in assets is actually concentrated on blockchains that were "not even designed for it."

Ethereum was originally built as the infrastructure for smart contract experimentation. Solana was designed as a high-performance monster to maximize transaction throughput. Both are impressive, but for the need of "pure currency settlement," their problems are obvious—either gas fees are ridiculously high or stability still has hidden risks.

It's like having a professional cash-in-transit vehicle (stablecoin) that has to run on F1 race tracks (performance chains) or rural roads.

Until I carefully studied some emerging blockchain technical solutions, I finally understood: someone is finally seriously building infrastructure for "money" itself. This could change the way stablecoin ecosystems operate.