#美联储降息25个基点##BTC战略储备市场影响##XRP ETF上线#1. Payfi - This cannot be considered wrong, but it should be more accurately referred to as "stablecoin". Now RWA can actually also be thrown into this line.
The most noteworthy targets on this line at the moment -
$CRCL - The essence is to bet on Circle being in the top two of stablecoins. At the current price of $135, the market cap and profit still seem not cheap, but considering the 5-8 times expansion of stablecoins in the next 5 years and the significant pullback from $300 to $108 in the past few months, it may be a decent entry opportunity. Personally, I already entered at $115.
$PlasmaFDN - Since I don't have equity in Tether, Plasma is currently the only asset you can buy, of course, I will wait for the spot market and mainnet, rather than gamble on contracts. Plasma, whether in terms of financing scale, ecological construction, or social voice, currently far surpasses Stable and similar competitors. The TVL on the mainnet is basically 3-4B as a baseline. The current pre-market / contract price of 6B is also very expensive, so wait for the spot market to find opportunities. Similarly, the trillion-scale stablecoin in the coming years brings immense imagination space for stablecoin public chains, and which project will claim the top spot in the stablecoin public chain is a major point of interest. Currently, the old top project Tron has seen its USDT TVL drop from a high of 83B to 77B over the past month, while the new contenders (Plasma, Stable, Arc, Tempo, Codex, etc.) currently have Plasma leading by a wide margin.
$ENA - This can be seen as a hedge against the first two, with stablecoin as the biggest narrative for transparency. You should bet on both centralized and decentralized. The only decentralized asset worth buying should be Ethena, with USDE already breaking 13.5B, and DAT and fee switches are also ready, the fundamentals are solid. Oh, by the way, they also have a centralized USDTB that is about to break 2B, plus their own RWA public chain Converge... There are many favorable factors, but the coin price performance has been quite poor lately. Is it the whale dumping?!
$Ondo - This was mentioned in the previous Twi article, my Crcl was purchased through Ondo, which is currently the only platform that allows 5X24 trading of U.S. stocks without KYC requirements (via 1inch) + relatively safe and reliable with endorsements from large institutions. If you believe in the RWA trend of borderless U.S. stocks being on-chain, Ondo is one of the few assets that can be bought. Of course, the market cap is actually a bit hard to get into, with high control and obvious high FDV style, it can only be said that good goods are not cheap...