#稳定币发展# The recent battle for USDH issuance rights has truly been eye-opening. Several pros have come out with their trump cards, leaving me dazzled. Paxos has brought out its compliance license and a 95% interest buyback, while Frax has even promised a 100% profit sharing with the community. Even the emerging Agora has formed a strong alliance. This situation makes me ponder: how should one choose the right copy trading strategy in such a fierce battle?

My experience is that you cannot just look at the surface profit-sharing ratio; you also need to analyze each company's technical strength, market resources, and long-term development potential. For example, although Paxos has a slightly lower profit-sharing ratio, its strong compliance background and financial network may bring in more incremental users, which may not be a bad thing in the long run.

That said, this "stablecoin 2.0" model is indeed very attractive. Previously, I have followed many projects, but I have never seen any issuer willing to give up so much profit. If USDH can truly achieve a "benefit-reinforcing ecological" positive cycle, it would be a significant boon for the entire industry.

Next, I will closely monitor the direction of the community voting, while also being wary of potential risks. After all, no matter how appealing the promises are, it ultimately depends on whether they can be fulfilled. In short, this wave of market trends is worth focusing on, and there might be new copy trading opportunities to discover.