TokenInsight Commentary 1️⃣ Focus Shift: From L2 Wars to Stablecoin Chains -While Layer-2 scaling solutions have dominated the spotlight in recent years, we’re now seeing a rapid pivot towards “stablecoin-native chains” — blockchains purpose-built by stablecoin issuers themselves. 2️⃣ Key Players Enter the Arena -Tether and Circle could evolve into fully integrated stablecoin ecosystems if they further develop proprietary infrastructure. -Stripe’s entry signals that traditional payment giants are now taking blockchain infrastructure seriously. -As Pink Brains points out, we may soon see a crowded field of competing stablecoin-native blockchains. 3️⃣ Why This Trend Matters -Ecosystem Integration & Interoperability: If many stablecoin chains remain siloed, DeFi protocols and bridges will face mounting compatibility challenges. -Governance & Regulatory Spotlight: Corporate-driven, on-chain stablecoins will attract regulatory scrutiny — raising questions around decentralization and fairness. -DeFi Architecture Evolution: Protocols may shift from “multi-chain adaptation” to “stablecoin-chain-first” development strategies. #TokenInsight #DeFi #StablecoinChains #L1 #L2 #Infrastructure