We need to take a look at United Stables. U's core technology is EIP-3009 (Gasless Signatures). Traditional ERC-20 token transfers require the initiator to pay the gas. However, $U has the EIP-3009 standard embedded in its code, allowing third-party gas subsidies. U is not only a stablecoin, it's like wrapping all stablecoins in a layer. Similar to Binance's previous Busd, stablecoins and fiat currencies can be exchanged for U with zero friction. This is a bet on a future where stablecoins are decentralized and granular. In that future, U will be incredibly powerful. Huobi was the first to support U and subsidized it with a 20% annualized return; Furthermore, Binance subsidized gas and offered free transfers in the early stages. This strategy is like encircling the cities from the countryside. Chinese users will understand immediately. The basic conclusion is that Binance and Assurance are joining forces to counter Circle.