#稳定币市场 Seeing Haseeb's prediction about stablecoins in 2026, my first reaction is—be cautious.

A 60% increase in supply sounds huge, but what's more noteworthy is the detail: US dollar stablecoins still account for over 99%, with USDT's dominant position only "slightly decreasing" to 55%. What does this indicate? It shows that the seemingly diverse market is actually illusory. The monopoly of leading stablecoins like USDC and USDT is fundamentally unshakable.

I've seen too many projects boast "we will replace USDT," only to disappear into history. The stablecoin market may seem promising, but in reality, it's an extremely competitive and inward-looking trap—without backing from giants and liquidity support, even the best-designed stablecoin is useless.

What does this mean for us? Don't be fooled by the stories of emerging stablecoin projects. If a project claims to overthrow the USDT ecosystem, ask yourself three questions: 1. Where does its liquidity come from? 2. Will exchanges list it? 3. Are people really using it? Most of the time, the answers are hollow.

Opportunities in the stablecoin track are not for innovators but for those who can integrate into existing ecosystems. Greed often starts with chasing new trending projects.