$ETH #During this period, the United States staged three major dramas, exposing the deep-seated contradictions hidden within American society. Why do I say this? Mainly because the dollar has not been able to easily harvest global wealth like before, and the domestic contradictions can no longer be suppressed.
First, let's talk about the upcoming 'Stablecoin National Act', which stipulates that the issuance of stablecoins must be backed by cash or short-term U.S. Treasury bonds of equivalent value. At first glance, this seems quite reasonable, but in reality, it ties the failing credit of U.S. Treasury bonds to the emerging cryptocurrency, aiming to find a new 'buyer' for the massive Treasury bond market.