Head of Research at an Exchange: Dedicated blockchain networks are rapidly emerging, reshaping the competitive landscape of crypto infrastructure

According to ChainCatcher, David Duong, Head of Institutional Research at a certain exchange, stated in an article: "We believe that dedicated blockchain networks are rapidly emerging (including L2s, independent L1s, and application-specific chains), and are quickly reshaping the competitive landscape of crypto infrastructure. For example, the Arc platform built by Circle is specifically designed for institutional-grade applications centered around USDC, aiming to become a compliant and optimal institutional infrastructure; meanwhile, the Tempo network incubated by Stripe and Paradigm focuses on establishing institutional-level payment channels, with the goal of entering the vast cross-border payments and international trade market."