Tether's understanding of stablecoins is at the forefront of the industry. A stablecoin based on the Bitcoin UTXO data structure is the true Currency. Each UXTO is essentially an SFT, with independent numbering while allowing for free merging and splitting. The precise definition of stablecoin based on the Ethereum Account data structure should be Stabletoken, not Stablecoin. Their nature is closer to the numbers in the commercial bank accounts we open. This difference is actually extremely important, adapting to both the CBDC and private company stablecoin routes, The obstacles involved, you scrutinize them carefully, you scrutinize them carefully