In the business world, the most sophisticated business is often not selling products, but "building a bank." Starbucks, through its prepaid cards, has become an invisible bank by accumulating funds. However, in Web3, most projects are engaging in a "loss-leader" business—they introduce USDT or USDC, allowing massive amounts of capital to circulate within their ecosystems, while handing over the most lucrative interest income to Tether or Circle. The history of monetary evolution tells us to address "coincidental needs" and "stores of value," but in STBL's view, the second half of stablecoins is no longer about payment tools, but about commercial sovereignty. The Hidden Exploitation of Stablecoins 1.0 USDT/USDC solved Bitcoin's volatility problem, but it also brought a huge hidden cost: users and the ecosystem provided real-money reserves, while billions of dollars in government bond interest were monopolized by centralized issuers. This is essentially a value extraction from the ecosystem. Stablecoin 2.0: The Era of Ecosystem Specific Stablecoins (ESS) We are entering the era of "money as a service." The ESS (Ecosystem Specific Stablecoins) concept, proposed by @stbl_official and $STBL, aims to allow every large ecosystem (whether GameFi, exchanges, or RWA platforms) to issue its own "white-label stablecoin" with a single click through STBL's infrastructure. The changes this brings are disruptive: 1. Yield Capture: Interest income that was previously taken by external parties now flows directly back to the ecosystem itself. The larger the fund size, the more the project team earns. 2. Monetary Sovereignty: No longer subject to external control, possessing independent monetary policies and incentive mechanisms. 3. Users as Shareholders: Currency becomes the link connecting users and ecosystem value, rather than simply a transit point. 4. Future top companies will not only have their own apps, but also their own "central banks." What STBL is doing is providing the most basic infrastructure for this "movement to restore the right to mint money".