CZ's attitude is actually very clear: stablecoins are infrastructure, not a short-term arbitrage tool. Arbitrage will always exist, but it is essentially a byproduct of market efficiency, not the core purpose of stablecoins. Truly healthy stablecoins should be genuinely used in different scenarios and jurisdictions, rather than being designed to serve only a small number of high-frequency arbitrageurs.
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CZ's attitude is actually very clear: stablecoins are infrastructure, not a short-term arbitrage tool. Arbitrage will always exist, but it is essentially a byproduct of market efficiency, not the core purpose of stablecoins. Truly healthy stablecoins should be genuinely used in different scenarios and jurisdictions, rather than being designed to serve only a small number of high-frequency arbitrageurs.