Next, which blockchain mainnet stablecoins will run on is expected to be a key variable that will determine market trends.
Currently, the leading stablecoin project in the United States is Ethereum.
The company is strengthening its multi-chain strategy with three major mainnets: Ethereum, Solana, and BNB Chain.
Based on their technological strengths and ecosystems, the "battle to attract stablecoins" is underway, and the issuance of stablecoins led by US and global financial institutions is also having a decisive impact on this trend.
▽Ethereum: The central axis of stablecoins Ethereum, the most common smart contract-based platform, is the platform that supports a variety of stablecoins including USDC, USDT, and others.
It serves as the home chain for a number of major stablecoins. Recently, more traditional financial institutions, including French bank Societe Generale and VanEck, have started to use Ethereum as their base.
Solana: Attention on speed and scalability
Solana is gradually being adopted as the execution platform for major stable coins due to its fast transaction speed and low fees. Recently, it has been adopted by USDG, VB, and others to build a global settlement infrastructure.
Stable coins such as ILL are being issued on Solana, and interoperability is ensured by linking with Chainlink's CCIP.
In particular, there are cases where institutional financial companies such as HSBC and Bank of America have adopted the Solana ecosystem.
It also suggests the possibility of integrating with not only decentralized finance (DeFi) but also centralized finance (CeFi).
The BNB Chain emphasizes mass accessibility and high liquidity, and is the foundation chain for USDT as well as the recently booming USD1 stablecoin.
As the center of the Binance ecosystem, BNB Chain is a blockchain that is used by many blockchain users to make digital assets more flexible and secure.
Currently, the regulatory environment for stable coins is being developed, mainly in the United States.
There are signs that digital dollar-based tokenization projects based on this will spread. This will lead to the decision on which chain stablecoins will be run on.
This will be a key factor in determining the value and scalability of the chain. In the end, which of the three major chains, Ethereum, Solana, and BNB chains, will be the main
It is analyzed that the altcoin market may be restructured in the future depending on whether the Internet is selected as the main platform for US stablecoins.
2025/05/23 12:40 KST
Copyright(C) BlockchainToday wowkorea.jp 118