Recently, an interesting viewpoint has been circulating in the industry regarding how the encryption ecosystem will change in the next decade.

Traditional thinking needs to be upgraded. Many people are still fixated on watching the market and chasing trends, but the real players have already started considering the shape of the next wave of growth.

There are three trends worth noting. First, AI and robots are becoming important users. They do not have passports or bank cards, but need a way to transfer value—encryption naturally fits this role. Whoever can provide AI with convenient payment channels may become the gateway to the next generation of infrastructure.

Secondly, the definition of stablecoins needs to be rewritten. The model of the first generation of stablecoins is simply pegging to a certain asset, and beyond that, there are no other functions. This logic is outdated. The new generation of stablecoins must solve a problem: how to appreciate idle assets? In other words, the money users have in their wallets should be able to generate returns by itself. This is what the 2.0 version should look like.

Third, the tokenization of large assets. Traditional commodities such as oil, rare earths, and natural gas, if tokenized for circulation, could release trillions of dollars in liquidity. This time, the drivers may not be exchanges or individuals, but rather national-level participants.

For ordinary people, long-term value comes from two directions: first, doing what you truly love; trends may change, but passion does not; second, continuous construction. Those who remain on the job site, whether in a bull or bear market, will always have a pass.

Specifically at the product level, the upgrade of stablecoins from "pure stability" to "stability + yield" is an inevitable path. This means you need a reliable lifeboat – one that can maintain value stability while also generating passive income.

For example, some stablecoin products have already been experimenting with this approach. The on-chain over-collateralization ratio exceeds 130%, with assets like BTC, ETH, and TRX locked in real-time for support, and all staking addresses are publicly accessible. To unpeg, one must first chew through a collateral wall of 1.2 billion USD. This design reduces risk from the source, allowing users to hold and use it with greater peace of mind.