$NOT $PHA $LOT Binance invests in Circle, and Circle invests in OKX. This chain of moves is really not just aimed at USDT. The real battlefield is on-chain RWA settlement—asset tokenization → USDC clearing → exchange facilitation. Once the loop is complete, it becomes the next-generation financial rails. USDT won't just sit back; regulation, profit-sharing, and internal power struggles are all hurdles. In the second half of the stablecoin game, alliances fight alliances; going it alone leads nowhere. #XRP账本修复可增发XRP的漏洞 #XRP财库公司Evernorth完成SPAC合并 #