Market observers have recently floated an interesting hypothesis: the recent rally in precious metals (silver, palladium) may be coming to an end, and the subsequent capital flow is likely to shift towards Bitcoin and Ethereum.

Logically, this assessment holds water. After a short-term surge, precious metals become crowded, and valuation pressures follow. Instead of continuing to crowd into a mature asset class, capital is better off seeking new growth points. Bitcoin’s positioning as "digital gold" and Ethereum’s network ecosystem—these represent opportunities and liquidity that are more aligned with the current era. From physical scarcity to digital scarcity, capital is always pursuing the most optimal store of value.

But a deeper question arises: when capital flows massively between different asset classes, what do we need? The answer is a stable, trustworthy "transfer hub" and "pricing benchmark."

This is precisely when stablecoins (such as USDD) come into play. They are not meant to participate in volatility but to provide certainty—serving as a bridge when funds move from traditional assets into digital assets. Investors can switch quickly between different assets without repeatedly converting back to fiat, avoiding exchange costs and approval delays. Liquidity becomes smoother, and confidence stabilizes. Such underlying infrastructure often holds more strategic value than any single coin.

The grand play of capital rotation is still ongoing, but to keep this show running smoothly, the role of a stable "middleman" may be more critical than you think.