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A new player is disrupting the Bitcoin ecosystem—a side chain solution that relies on Tether's deep backing and adopts BitVM2 technology. Don't underestimate it just because it's a stablecoin chain; the underlying logic is far more complex than that.
Its core advantages include: first, sufficient liquidity, with native USDT capable of extremely low slippage exchanges; second, support for directly staking BTC to borrow stablecoins, perfectly meeting the practical needs of DeFi users; third, over 1000+ TPS and near-instant settlement speeds, making congestion issues common on traditional chains virtually nonexistent here.
The ecosystem development is also progressing well. Currently, more than 15 types of stablecoins are live and operational, total on-chain deposits have surpassed $1 billion, and over 50 partners are integrating payment scenarios worldwide. As the native token within the ecosystem, with platforms like Aave gradually adding support for PT tokens, the space for value release is gradually opening.
A particularly noteworthy feature is the combination of privacy transactions and USDT zero Gas fee payments—making on-chain finance safer and more convenient. If this model proves successful, it could redefine the settlement order of the BTCFi ecosystem, making it a direction worth continuous observation.