Currently, in the trading market, many people are chasing meme coins and studying inscriptions, but those truly willing to delve into the fundamentals of projects are a minority. Want to achieve dozens of times returns within a cycle? Merely watching candlestick charts is basically futile; the key is to understand who is behind the manipulation.

Recently, I came across financing information for a public chain XPL (token XPL). Many people see it just as an ordinary airdrop benefit, but that understanding is a bit of a pity. Take a closer look at the investor portfolio of XPL, and you'll find a very intriguing situation: a joint effort by Founders Fund and Tether.

What is Founders Fund? It is a fund founded by PayPal co-founder Peter Thiel, a top-tier long-term capital firm in Silicon Valley, with exceptional vision and skills. And Tether? The issuer of USDT, the liquidity hub of the entire crypto ecosystem. When these two giants team up to support a public chain, the logic behind it is definitely not just to make a small profit.

From the perspective of the financing side, Peter Thiel represents deep roots in the traditional payment system, while Tether signifies the infrastructural status of on-chain USD. Their real goal points toward the payments track—currently, the stablecoin payment market is far from mature, leaving ample space for new entrants. Looking at XPL's current price of $0.15, early investors have considerable confidence in this route. This is not simply about coin speculation; it is a serious bet by capital on the future payment landscape.