There are over 200 billion US dollars worth of stablecoins on the blockchain, making stablecoins one of the largest applications in the cryptocurrency field and the largest RWA (broad sense) to date. This is completely different from the initial concept of the crypto punks Satoshi Nakamoto. Slightly ironic. However, this is also a current demand driven application, which is naturally formed. The road ahead in the field of encryption is long, long.