The current stablecoin market is firmly controlled by centralized giants like Tether and Circle, which together hold approximately 80% of the market share. This situation constrains Ethereum's vision of decentralization. To break this centralized monopoly, the Ethereum ecosystem needs to achieve breakthroughs in the stablecoin sector, which is crucial for the future direction of the entire Web3 ecosystem.
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The current stablecoin market is firmly controlled by centralized giants like Tether and Circle, which together hold approximately 80% of the market share. This situation constrains Ethereum's vision of decentralization. To break this centralized monopoly, the Ethereum ecosystem needs to achieve breakthroughs in the stablecoin sector, which is crucial for the future direction of the entire Web3 ecosystem.