[DeFi Stablecoin Market Ushers in Changes] Recently, the DeFi stablecoin market has undergone a series of changes. MakerDAO is gradually getting rid of its dependence on USDC and moving to a more censorship-resistant stablecoin; Frax V3 is moving from USDC to more decentralized collateral; Liquity’s V2 provides a scaling solution for stablecoins by solving the blockchain trilemma; Synthetix’s sUSD V3 upgrade will enhance the utility of sUSD outside the Synthetix ecosystem; in addition, the launch of crvUSD and GHO proposes new strategies for maximizing DeFi yields to surpass TradFi yields. These changes bring hope for a true golden age of decentralized stablecoins.