After long-term research into the stablecoin ecosystem, I discovered a project that is easily overlooked — it redefines "global payments" in a truly unique way.

Honestly, most L1s on the market are all about "high TPS, low fees," but very few have truly integrated stablecoin payments into their core protocol DNA. This project is different. Its paymaster mechanism is interesting — users can transfer USDT with zero fees, and this isn’t just a marketing gimmick but a built-in gas sponsorship logic. The most impressive part is that ordinary people don’t need to hold the project’s tokens to make cross-border small payments. Think about what this means — the barrier to entry for non-crypto users drops to almost zero.

Let’s look at some real scenarios: overseas workers want to send money home, small merchants in Southeast Asia need to settle payments, European e-commerce platforms handle cross-border transactions. These pain points of traditional finance are now transformed into an experience that’s "as simple as sending an email" — a bit exaggerated, but close to reality.

The smartest design lies in its dual-token model. Daily USDT transfers use stablecoins to pay for gas or are sponsored with zero fees directly. And what about the project tokens? They handle network security (PoS staking), complex smart contract execution, and validator incentives — heavy tasks. This separation ensures that stablecoins truly retain the "money" attribute, while project tokens become network fuel with real value anchoring. It avoids the dilemma faced by some chains where gas fee volatility destroys the payment experience.

On-chain data is quite interesting — institutions have been quietly accumulating at low levels, mainly trading between $0.13 and $0.15. Even more noteworthy, some of the unlocked tokens are being continuously absorbed by large holders. Such signs are rarely coincidental.