Today, while looking at the market trends, I noticed that the movement of $SEI is quite intriguing. It was a trending coin in the last market phase, and then I found out that Circle mentioned in their IPO documents that their early investment in Sei is their largest token holding. As a result, just two weeks after its launch, Sei has minted $160 million of native USDC, which is a bit outrageous.



What's even more exaggerated is that the USDC reserves of Sei have already surpassed those of Hedera, Polkadot, Tron, and Algorand. Following this growth curve, an annual trading volume exceeding 1 trillion USD is entirely possible.

I think this is not just Circle pushing from behind; Sei's high throughput and low latency architecture are very suitable for stablecoins, which are high-frequency settlement assets. Stablecoins are the "cash layer" in crypto, and Sei may be quietly becoming the new settlement foundation.
SEI-7.65%
USDC-0.01%
HBAR-6.55%
DOT-8.39%
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