According to Foresight News, at the annual summit Mainnet 2023 hosted by Messari, Castle Island Ventures general partner Nic Carter delivered a keynote speech, stating that the current stablecoin market is mostly dollar-based stablecoins, and non-dollar stablecoins account for less than 1%. The United States is marginalizing the stablecoin market, causing stablecoins to flee the United States. At the same time, stablecoin models supported by other assets such as stETH, hybrid RWA, and stETH have emerged. The United States must make a choice. If it continues to marginalize stablecoins, there will be more and more stablecoins backed by cryptocurrency native collateral, and as other jurisdictions support stablecoins, the United States may lose its ability to sanction, and its position as the center of the capital market may also be marginalized.