最新报道:According to CoinWorld, Circle and Stripe are building their own proprietary blockchains, joining a growing list of projects aiming to launch stablecoins and tokenized asset chains. Startups Plasma and Stable both recently raised funding to develop dedicated chains for USDT (USDT). Securitize is working with Ethena to build Converge, Ondo Finance announced the upcoming launch of its own internal chain earlier this year, and just days ago, Dinari announced it would soon launch an Avalanche-powered layer-1 network for clearing and settling tokenized stocks. Martin Burgherr, Chief Client Officer at crypto bank Sygnum, said: "Building your own layer-1 is about control and strategic positioning. The economics of stablecoins are driven by settlement speed, interoperability, and regulatory harmonization, so owning a base layer allows companies to directly embed compliance, integrate FX engines, and ensure predictable fees. Additionally, there's a defensive incentive. "Today, stablecoin issuers rely on Ethereum, Tron, or other stablecoins for settlement," Burgherr said. “This reliance means they are exposed to the risks of external fee markets, protocol governance decisions, and technical bottlenecks.”