The competition in the stablecoin industry is becoming increasingly intense, with major companies launching new strategies to capture market share. However, Tether's CEO Paolo Ardoino recently made a thought-provoking comment on social media. He compared the actions of certain companies to "moths to a flame," suggesting that these aggressive strategies could lead to self-destruction.

Ardoino's remarks have sparked widespread discussion within the industry, with many speculating that he may be targeting the latest moves of certain competitors. Although Tether currently maintains its leading position in the stablecoin market, the actions of other companies cannot be overlooked. For example, Coinbase recently launched the Bootstrap Fund, while USDC has minted 500 million new coins, and these initiatives will undoubtedly have a significant impact on the market.

However, Ardoino's warning also reminds industry participants to be vigilant about potential risks. In the pursuit of liquidity and market share, companies should not overlook the challenges posed by regulation. Regulatory agencies may intervene at any time, significantly affecting the industry.

In the coming week, industry insiders expect that the liquidity of stablecoins may significantly increase. For investors and market participants, closely monitoring the API updates of major stablecoin issuers like Tether will become particularly important. This not only helps in grasping market trends but also avoids the risks that may arise from a possible "moth effect."

In this rapidly developing industry, it is crucial to remain vigilant and rational. While increasing liquidity and market share is a natural pursuit for companies, how to maintain balance in competition and avoid excessive risk will be an important issue faced by stablecoin issuers.