#稳定币市场风险 Reflecting on past stablecoin storms always evokes a sense of the market's cyclical nature. The 2026 forecast reminds me of the time during the LUNA collapse in 2022, when the entire industry was plunged into panic. But now it seems that crisis laid the groundwork for the regulation of the stablecoin market. Forbes predicts that by 2026, stablecoins will be ubiquitous, which aligns with my observations. The expansion of use cases for USDC and USDT indicates that stablecoins are gradually penetrating traditional finance. However, I believe market consolidation is inevitable. Just as the proliferation of altcoins back then, stablecoin projects may also become oversaturated. When that happens, those lacking competitiveness will inevitably be eliminated. For investors, keeping an eye on the development of leading stablecoins remains a wise choice. After all, in this rapidly changing market, only projects with genuine value can survive long-term.