稳定币
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"One mountain cannot accommodate two tigers, the open conflict between USDT and USDC"
What prompted Circle to urgently develop a public chain, and what led the Tether CEO to speak arrogantly?
Just after the stablecoin 'Genius Act' was passed, the two largest issuers started fighting, further dragging traditional industry giants into the fray!
Welcome to this episode, let’s appreciate the war between USDT and USDC～
#稳定币 $USDC $USDT $ETH
What prompted Circle to urgently develop a public chain, and what led the Tether CEO to speak arrogantly?
Just after the stablecoin 'Genius Act' was passed, the two largest issuers started fighting, further dragging traditional industry giants into the fray!
Welcome to this episode, let’s appreciate the war between USDT and USDC～
#稳定币 $USDC $USDT $ETH
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#One Minute On Chain｜Is the Market Ammunition Depot Full? Total Market Capitalization of Stablecoins Surpasses $270 Billion, Setting a Historical Record
📊 Key Data
According to DefiLlama and MEXC Global data, as of August 18, 2025, the total market capitalization of stablecoins has surpassed $270 billion, setting a historical record.
💡 Data Interpretation
Stablecoins are the 'dollars' of the crypto world, and the growth of their total market capitalization directly reflects how much 'offshore capital' is flowing into this market. This represents the ongoing strengthening of the market's potential purchasing power (commonly known as 'ammunition'), reaching unprecedented levels of underlying liquidity and absorption capacity.
🤔 Potential Impact
This enormous amount of funds parked in stablecoins is like 'gunpowder' for the market. Once there are clear bullish signals in the market, this purchasing power could surge into Bitcoin, Ethereum, or other mainstream assets, providing strong fuel for the next upward movement. It indicates that despite price fluctuations, the long-term trend of capital entering the crypto space has not changed.
According to DefiLlama and MEXC Global data, as of August 18, 2025, the total market capitalization of stablecoins has surpassed $270 billion, setting a historical record.
💡 Data Interpretation
Stablecoins are the 'dollars' of the crypto world, and the growth of their total market capitalization directly reflects how much 'offshore capital' is flowing into this market. This represents the ongoing strengthening of the market's potential purchasing power (commonly known as 'ammunition'), reaching unprecedented levels of underlying liquidity and absorption capacity.
🤔 Potential Impact
This enormous amount of funds parked in stablecoins is like 'gunpowder' for the market. Once there are clear bullish signals in the market, this purchasing power could surge into Bitcoin, Ethereum, or other mainstream assets, providing strong fuel for the next upward movement. It indicates that despite price fluctuations, the long-term trend of capital entering the crypto space has not changed.
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0819｜Your Web3 News Summary🔔
1️⃣ The Financial Services Commission of South Korea plans to submit a stablecoin regulation bill in October.
2️⃣ Japanese stablecoin issuer JPYC has obtained a license and may launch a yen stablecoin in October.
3️⃣ Thailand has launched a pilot project for cryptocurrency to baht exchange.
#稳定币
1️⃣ The Financial Services Commission of South Korea plans to submit a stablecoin regulation bill in October.
2️⃣ Japanese stablecoin issuer JPYC has obtained a license and may launch a yen stablecoin in October.
3️⃣ Thailand has launched a pilot project for cryptocurrency to baht exchange.
#稳定币
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0818｜Your Web3 News Summary🔔
1️⃣ Last week, the total market value of stablecoins increased by $5.918 billion, a month-on-month growth of 2.18%
2️⃣ Japan will approve the first stablecoin denominated in yen, JPYC
3️⃣ The Xiong'an New Area has completed its first transaction for the multilateral central bank digital currency bridge service for state-owned enterprises
#稳定币
1️⃣ Last week, the total market value of stablecoins increased by $5.918 billion, a month-on-month growth of 2.18%
2️⃣ Japan will approve the first stablecoin denominated in yen, JPYC
3️⃣ The Xiong'an New Area has completed its first transaction for the multilateral central bank digital currency bridge service for state-owned enterprises
#稳定币
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Stablecoin Optimization Protocol Perena and Current Interaction Methods
The market has started to fluctuate downward, which corresponds to my previous statement that the US stock market has reached a high and needs to adjust to rest. It is estimated that the direction can only be seen after the Jackson Hole meeting a week later.
During boring times, continue managing your finances with me.
Today's main character is the financial project Perena on Solana.
1️⃣ Introduction to the Perena Project
Perena is a decentralized finance (DeFi) platform based on the Solana blockchain, focusing on enhancing the usability, liquidity, and profitability of stablecoins. The project aims to address core issues in the stablecoin market (valued over $170 billion), including liquidity fragmentation, capital inefficiency, and complex user experiences.
During boring times, continue managing your finances with me.
Today's main character is the financial project Perena on Solana.
1️⃣ Introduction to the Perena Project
Perena is a decentralized finance (DeFi) platform based on the Solana blockchain, focusing on enhancing the usability, liquidity, and profitability of stablecoins. The project aims to address core issues in the stablecoin market (valued over $170 billion), including liquidity fragmentation, capital inefficiency, and complex user experiences.
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Reservoir $DAM Research
Project Overview
Core Narrative: Create an integrated stack of 'cross-chain token infrastructure + stablecoin protocol'.
On one end is cross-chain trading and settlement infrastructure (Relay, Swap, NFT aggregation API), while on the other end is the stablecoin suite rUSD/srUSD/trUSD, emphasizing multi-collateral, cross-chain minting and redemption, transparent reserves, and profit sharing.
Product
Stablecoin suite
rUSD: A stablecoin for payments and applications;
srUSD: Interest-bearing 'liquid' stable asset, with yield from underlying collateral and RWA;
trUSD: Term-type yield stable asset;
Supporting PSM (stable pool) and reserve proof/oracle system, disclosing reserve and feed price sources.
Core Narrative: Create an integrated stack of 'cross-chain token infrastructure + stablecoin protocol'.
On one end is cross-chain trading and settlement infrastructure (Relay, Swap, NFT aggregation API), while on the other end is the stablecoin suite rUSD/srUSD/trUSD, emphasizing multi-collateral, cross-chain minting and redemption, transparent reserves, and profit sharing.
Product
Stablecoin suite
rUSD: A stablecoin for payments and applications;
srUSD: Interest-bearing 'liquid' stable asset, with yield from underlying collateral and RWA;
trUSD: Term-type yield stable asset;
Supporting PSM (stable pool) and reserve proof/oracle system, disclosing reserve and feed price sources.
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0815｜Your Web3 News Summary🔔
1️⃣ Hong Kong Securities and Futures Commission and Monetary Authority release joint statement on stablecoin-related market fluctuations
2️⃣ Analysis: Stablecoin payment volume expected to exceed $1 trillion by 2030
3️⃣ US Treasury Secretary: The US is building Bitcoin reserves, 'as a store of value for the people'
#稳定币
1️⃣ Hong Kong Securities and Futures Commission and Monetary Authority release joint statement on stablecoin-related market fluctuations
2️⃣ Analysis: Stablecoin payment volume expected to exceed $1 trillion by 2030
3️⃣ US Treasury Secretary: The US is building Bitcoin reserves, 'as a store of value for the people'
#稳定币
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If you experienced the collapse of the $UST stablecoin with a 19.5% APY back in the day, then I think you should think twice about the on-chain DeFi opportunities that offer over 20% APY stablecoin yields this time around.
You can't fall in the same place twice, right?
#稳定币
You can't fall in the same place twice, right?
#稳定币
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Dragonfly investor Omar tweeted that interest rate cuts are undoubtedly terrifying for companies like Circle that are sensitive to interest rates. A 100 basis point rate cut would reduce Circle's total revenue by $618 million (-23%), gross profit by $303 million (-30%), and profit margins would drop by 3.3 percentage points. In terms of valuation, this requires a high-priced stock that trades at 42 times EV/rr gross profit to rise to 60.4 times (approximately a 50% premium). To offset the impact, an increase of $28 billion in USDC supply (about 44% of the current $64 billion) is needed to remain neutral. Omar stated that a rate cut is inevitable, which is why Circle saw a large-scale stock sale of about $1.5 billion yesterday and why Circle is eager to launch products that monetize trading flows (CPN and Circle Chain).
Plain language interpretation:
Circle (the company that issues the USDC stablecoin) is like a "money-making" bank: you give it $1, and it keeps it for you, then uses your money to buy U.S. Treasury bonds to earn interest. Now the Federal Reserve (the U.S. central bank) is going to cut interest rates, and the interest on Treasury bonds will decrease, meaning it will earn less money.
How much less will it earn:
For every 1% decrease in interest, Circle earns $200 million less in a year. This time it might drop by 1% (100 basis points), directly resulting in a loss of more than $600 million, with profits shrinking by nearly 1/3.
How much is the company worth:
Previously, everyone thought it was worth 42 times profit; now it needs to rise to 60 times to be reasonable (equivalent to your salary not increasing, but your boss insisting you are worth more).
What to do:
Unless more people use USDC (by adding $28 billion, which is about half of the current total), this gap cannot be filled.
3. The company is anxious:
So Circle has recently done two things:
Quickly sold $1.5 billion in stock to "stock up for winter."
Developed new products (CPN and Circle Chain) to earn money through transaction fees, no longer relying solely on interest.
For example:
It's like you run a milk tea shop, and you used to make money selling milk tea (interest), but now the raw materials have become expensive (interest rates cut), making it unprofitable. You can only:
1. Find more customers (increase USDC usage)
2. Start selling cakes (new products for transaction fees)
3. Borrow money from friends for turnover (sell stocks)
In summary: Rate cuts = Circle's profitability becomes harder = Must find new ways out.
#Crcle #稳定币
Plain language interpretation:
Circle (the company that issues the USDC stablecoin) is like a "money-making" bank: you give it $1, and it keeps it for you, then uses your money to buy U.S. Treasury bonds to earn interest. Now the Federal Reserve (the U.S. central bank) is going to cut interest rates, and the interest on Treasury bonds will decrease, meaning it will earn less money.
How much less will it earn:
For every 1% decrease in interest, Circle earns $200 million less in a year. This time it might drop by 1% (100 basis points), directly resulting in a loss of more than $600 million, with profits shrinking by nearly 1/3.
How much is the company worth:
Previously, everyone thought it was worth 42 times profit; now it needs to rise to 60 times to be reasonable (equivalent to your salary not increasing, but your boss insisting you are worth more).
What to do:
Unless more people use USDC (by adding $28 billion, which is about half of the current total), this gap cannot be filled.
3. The company is anxious:
So Circle has recently done two things:
Quickly sold $1.5 billion in stock to "stock up for winter."
Developed new products (CPN and Circle Chain) to earn money through transaction fees, no longer relying solely on interest.
For example:
It's like you run a milk tea shop, and you used to make money selling milk tea (interest), but now the raw materials have become expensive (interest rates cut), making it unprofitable. You can only:
1. Find more customers (increase USDC usage)
2. Start selling cakes (new products for transaction fees)
3. Borrow money from friends for turnover (sell stocks)
In summary: Rate cuts = Circle's profitability becomes harder = Must find new ways out.
#Crcle #稳定币
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Do Kwon Admits to Two Core Charges, Faces Up to 25 Years in Prison
After three years of legal disputes, Do Kwon, co-founder of the defunct blockchain company Terraform Labs, pleaded guilty to fraud charges in a New York court on Tuesday.
The South Korean entrepreneur, who led the development of TerraUSD #稳定币 and #Luna tokens, is facing multiple serious charges related to the incident that caused a $40 billion market value evaporation in 2022.
According to court documents, Do Kwon initially pleaded not guilty to nine charges including securities fraud, telecom fraud, commodities fraud, and conspiracy to commit money laundering. However, after reaching an agreement with the Manhattan U.S. Attorney's Office, he ultimately admitted to two core charges: conspiracy to commit fraud and telecom fraud.
Prosecutors accused him of misleading investors through false statements, particularly when TerraUSD first depegged in May 2021, where Do Kwon claimed that the algorithmic protocol would automatically restore the peg, while concealing the fact that he secretly commissioned a high-frequency trading firm to enter the market to support the price.
In his court statements, Do Kwon openly confessed to previously providing false and misleading statements regarding the re-pegging mechanism. He also acknowledged that failing to disclose the role of the trading firm in the incident constituted a significant negligence.
This manipulation directly led to the market value of the Luna token, which was pegged to TerraUSD, soaring to $50 billion in early 2022, ultimately triggering the collapse of the entire ecosystem.
As part of the settlement agreement with the SEC, Do Kwon is required to pay an $80 million civil penalty and will be permanently banned from engaging in cryptocurrency trading. This penalty is also part of the $4.55 billion settlement agreement he reached with the SEC.
It is worth noting that this former "crypto golden boy" has been in custody since his extradition from Montenegro to the United States last year, and he is also facing charges of commodities fraud and securities fraud from South Korean authorities.
Although Do Kwon may face a maximum sentence of 25 years, prosecutors stated that if he fully accepts responsibility, they will recommend a sentence of no more than 12 years in prison, with the final verdict to be announced on December 11.
This case has become an important barometer for regulatory compliance in the cryptocurrency industry, warning project parties to maintain full transparency with investors. Meanwhile, as the trial approaches, global regulators' scrutiny of stablecoins and algorithmic financial products is expected to tighten further.
After three years of legal disputes, Do Kwon, co-founder of the defunct blockchain company Terraform Labs, pleaded guilty to fraud charges in a New York court on Tuesday.
The South Korean entrepreneur, who led the development of TerraUSD #稳定币 and #Luna tokens, is facing multiple serious charges related to the incident that caused a $40 billion market value evaporation in 2022.
According to court documents, Do Kwon initially pleaded not guilty to nine charges including securities fraud, telecom fraud, commodities fraud, and conspiracy to commit money laundering. However, after reaching an agreement with the Manhattan U.S. Attorney's Office, he ultimately admitted to two core charges: conspiracy to commit fraud and telecom fraud.
Prosecutors accused him of misleading investors through false statements, particularly when TerraUSD first depegged in May 2021, where Do Kwon claimed that the algorithmic protocol would automatically restore the peg, while concealing the fact that he secretly commissioned a high-frequency trading firm to enter the market to support the price.
In his court statements, Do Kwon openly confessed to previously providing false and misleading statements regarding the re-pegging mechanism. He also acknowledged that failing to disclose the role of the trading firm in the incident constituted a significant negligence.
This manipulation directly led to the market value of the Luna token, which was pegged to TerraUSD, soaring to $50 billion in early 2022, ultimately triggering the collapse of the entire ecosystem.
As part of the settlement agreement with the SEC, Do Kwon is required to pay an $80 million civil penalty and will be permanently banned from engaging in cryptocurrency trading. This penalty is also part of the $4.55 billion settlement agreement he reached with the SEC.
It is worth noting that this former "crypto golden boy" has been in custody since his extradition from Montenegro to the United States last year, and he is also facing charges of commodities fraud and securities fraud from South Korean authorities.
Although Do Kwon may face a maximum sentence of 25 years, prosecutors stated that if he fully accepts responsibility, they will recommend a sentence of no more than 12 years in prison, with the final verdict to be announced on December 11.
This case has become an important barometer for regulatory compliance in the cryptocurrency industry, warning project parties to maintain full transparency with investors. Meanwhile, as the trial approaches, global regulators' scrutiny of stablecoins and algorithmic financial products is expected to tighten further.
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《Spark Airdropped Me a Wuling Hongguang Mini》
1. A few months ago, I posted a tutorial on Spark's airdrop in the square. At that time, Spark had not yet been listed on Binance, and no one was watching the tutorial. Today, I received the second round of Spark's airdrop, worth nearly $5,500, which is about the price of a Wuling Hongguang Mini electric car.
2. The real big rewards come from the blockchain. Follow me, and let's explore hidden gems together.
3. Attached is the Spark airdrop query website app.spark.fi/points
#稳定币 $SPK #空投大毛 #Spark @Spark Official
1. A few months ago, I posted a tutorial on Spark's airdrop in the square. At that time, Spark had not yet been listed on Binance, and no one was watching the tutorial. Today, I received the second round of Spark's airdrop, worth nearly $5,500, which is about the price of a Wuling Hongguang Mini electric car.
2. The real big rewards come from the blockchain. Follow me, and let's explore hidden gems together.
3. Attached is the Spark airdrop query website app.spark.fi/points
#稳定币 $SPK #空投大毛 #Spark @Spark Official
The Future Star of Stablecoins: Spark, Along with Participation Tutorial
Recently, the secondary market has not been doing well, and staking ETH and SOL for airdrops is not reassuring; the value of the airdrop may not even match the decline of ETH and SOL. Therefore, I, Chili Brother, have been searching for projects to earn airdrops using stablecoins because at least stablecoins won't drop in value. Recently, I discovered that Spark allows participation with stablecoins, and it has a solid background.
Spark is a DeFi application that belongs to the Sky ecosystem (formerly MakerDAO), focusing on on-chain capital allocation and liquidity management. People familiar with the crypto space should know about MakerDAO, which was established in 2013 and has stood the test of time for 12 years. Spark is a project incubated by MakerDAO itself. Let's take a look at Spark's current products. Spark's current offerings include Spark Savings (earning returns on stablecoin deposits) and SparkLend (decentralized lending market), managing assets exceeding $6 billion, with an annual income of approximately $355 million. Therefore, Spark not only has the backing of a long-standing project but also manages a substantial scale, making it self-sustainable and less likely to exit scam. Additionally, Spark has received support from top institutions such as a16z and Paradigm, with a total asset management scale exceeding $8 billion, categorizing it as a large project. This is the kind of financially robust project that I, Chili Brother, prefer.
Spark is a DeFi application that belongs to the Sky ecosystem (formerly MakerDAO), focusing on on-chain capital allocation and liquidity management. People familiar with the crypto space should know about MakerDAO, which was established in 2013 and has stood the test of time for 12 years. Spark is a project incubated by MakerDAO itself. Let's take a look at Spark's current products. Spark's current offerings include Spark Savings (earning returns on stablecoin deposits) and SparkLend (decentralized lending market), managing assets exceeding $6 billion, with an annual income of approximately $355 million. Therefore, Spark not only has the backing of a long-standing project but also manages a substantial scale, making it self-sustainable and less likely to exit scam. Additionally, Spark has received support from top institutions such as a16z and Paradigm, with a total asset management scale exceeding $8 billion, categorizing it as a large project. This is the kind of financially robust project that I, Chili Brother, prefer.
huxd01:
我怎么只有这么点，只投50u，连本都保不到
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ETH Strongly Recovers, Spot ETF Absorbs Funds Madly, Stablecoin Market Cap Hits New High—The Crypto Craze Upgrades Again!
Recently, the Ethereum market has been firing on all cylinders, with prices breaking through the $4600 barrier, welcoming a long-awaited strong rebound. Behind this is not only the technical bullish support but also a massive inflow of institutional funds, especially the spot ETF capital inflow has set a shocking record of $1 billion in a single day.
Meanwhile, the total market capitalization has surpassed the $270 billion mark, and USDC's dominant position in the Ethereum ecosystem has further solidified, while USDT has staged a 'comeback' on the TRON network. Today, we will comprehensively review Ethereum's strong performance, institutional fund movements, and the latest changes in the stablecoin ecosystem to help you seize new market opportunities!
Meanwhile, the total market capitalization has surpassed the $270 billion mark, and USDC's dominant position in the Ethereum ecosystem has further solidified, while USDT has staged a 'comeback' on the TRON network. Today, we will comprehensively review Ethereum's strong performance, institutional fund movements, and the latest changes in the stablecoin ecosystem to help you seize new market opportunities!
BiyaPay不冻卡出金:
静观其变吧
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Fosun invests billions in stablecoins! Hong Kong's crypto market is in turmoil, putting XRP and USDT in danger?
According to BlockBeats, Tencent News reported on August 12th that Fosun has finalized its application for a stablecoin license in Hong Kong and has established a complete team for the application. On August 6th, Fosun founder Guo Guangchang personally led the core members of Fosun's stablecoin team and other senior executives to meet with Hong Kong Chief Executive John Lee and Financial Secretary Paul Chan, both on the same day.
Fosun Wealth, a subsidiary of Fosun, has already made some arrangements in the field of digital assets through the Star Road Technology Platform, including participating in the distribution of tokenized money market fund products launched by China Asset Management and developing a physical asset tokenization RWA platform.
Fosun Wealth, a subsidiary of Fosun, has already made some arrangements in the field of digital assets through the Star Road Technology Platform, including participating in the distribution of tokenized money market fund products launched by China Asset Management and developing a physical asset tokenization RWA platform.
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Global Stablecoin Regulation Tightens: An Overview of Policy Developments Across Countries
Overview of Global Stablecoin Regulatory Developments
In recent years, stablecoins have rapidly risen in the cryptocurrency market, attracting significant attention from global regulators. As a type of digital currency pegged to fiat currencies or other assets, stablecoins are widely used in areas such as cross-border payments and decentralized finance due to their stable value characteristics. Particularly in the current market cycle, real-world assets (RWA) have performed outstandingly, drawing the joint attention of traditional financial institutions and Web3-native organizations, and investor interest in this sector is also growing.
In recent years, stablecoins have rapidly risen in the cryptocurrency market, attracting significant attention from global regulators. As a type of digital currency pegged to fiat currencies or other assets, stablecoins are widely used in areas such as cross-border payments and decentralized finance due to their stable value characteristics. Particularly in the current market cycle, real-world assets (RWA) have performed outstandingly, drawing the joint attention of traditional financial institutions and Web3-native organizations, and investor interest in this sector is also growing.
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Korean Stablecoin Policy: Who is Really Benefiting?
In hindsight, everything is obvious!
It's me again, complaining about the Korean Won stablecoin.
But today I finally understood why our 'controllers' are so eager to promote stablecoins.
I think I have discovered their true motivation behind all this!
Let's first take a look at the report from the Financial Times:
Ahn Do-geol, former Deputy Minister of Economy and Finance, recently formed a working group with the Ministry of Planning and Finance, the Bank of Korea, the Financial Services Commission, the Korea Capital Market Institute, and other relevant institutions to draft a bill on Korean Won-denominated stablecoins.
It's me again, complaining about the Korean Won stablecoin.
But today I finally understood why our 'controllers' are so eager to promote stablecoins.
I think I have discovered their true motivation behind all this!
Let's first take a look at the report from the Financial Times:
Ahn Do-geol, former Deputy Minister of Economy and Finance, recently formed a working group with the Ministry of Planning and Finance, the Bank of Korea, the Financial Services Commission, the Korea Capital Market Institute, and other relevant institutions to draft a bill on Korean Won-denominated stablecoins.
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2-Hour Daily Practical Guide for Crypto: Retail Investors Use These 3 Tricks to Outpace 90% in a Year (Includes MACD Divergence Formula)
Don't be fooled by the 'myth of getting rich quickly' in the crypto world! Retail investors who can truly make money in the long run do not rely on staying up late watching the market, but on turning trading into a 'replicable system'. I have used this method for 3 years, spending 2 hours daily, going from losing all my capital to stable profits; today I’ll break down the core logic for you, and by following it, you can avoid 3 years of detours.
1. 2-hour efficient trading rhythm: refuse to be bound by the market.
My daily schedule, tested and effective, retail investors can just copy it:
9:30-10:50 (Golden Trading Window): Open Excel to record the 'Trading Volume / Average Price / Profit and Loss Ratio' of 8 major cryptocurrencies (BTC/ETH/SOL, etc.) — these three data points are the 'litmus test' for the main force's movements. For example, if ETH rises by 2% but trading volume is below the 20-day average, it’s likely a trap, just pass; if both volume and price rise, combine with MACD signals to judge whether to enter. During this period, only do 'T+0 swing trading', entering and exiting quickly, never linger in a battle.
1. 2-hour efficient trading rhythm: refuse to be bound by the market.
My daily schedule, tested and effective, retail investors can just copy it:
9:30-10:50 (Golden Trading Window): Open Excel to record the 'Trading Volume / Average Price / Profit and Loss Ratio' of 8 major cryptocurrencies (BTC/ETH/SOL, etc.) — these three data points are the 'litmus test' for the main force's movements. For example, if ETH rises by 2% but trading volume is below the 20-day average, it’s likely a trap, just pass; if both volume and price rise, combine with MACD signals to judge whether to enter. During this period, only do 'T+0 swing trading', entering and exiting quickly, never linger in a battle.
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The continuous heating of stablecoins and Ethereum indicates that both ENA and ETH are set for new highs!
As ETH continues to hit historical highs, funds and hedge funds on Wall Street are increasing their investments. This reflects not only the recognition of Ethereum's technology but also optimism about its future role in the financial system. These institutions have long realized that ETH and stablecoins are changing the way global currency flows, especially in the realm of stablecoins.
The rise of stablecoins can effectively alleviate the U.S. debt problem and enable funds to flow more efficiently and stably across the globe. Now, from the United States to Europe, major countries including China are accelerating their布局 of stablecoins, which are gradually challenging the dominant position of traditional finance. The increased holdings by institutions undoubtedly give confidence to the market.
In the upcoming market, attention should also be paid to the Ethereum staking track, Layer 2, DeFi lending, and other leading ecosystems related to these areas!
#ETH #ENA #稳定币
As ETH continues to hit historical highs, funds and hedge funds on Wall Street are increasing their investments. This reflects not only the recognition of Ethereum's technology but also optimism about its future role in the financial system. These institutions have long realized that ETH and stablecoins are changing the way global currency flows, especially in the realm of stablecoins.
The rise of stablecoins can effectively alleviate the U.S. debt problem and enable funds to flow more efficiently and stably across the globe. Now, from the United States to Europe, major countries including China are accelerating their布局 of stablecoins, which are gradually challenging the dominant position of traditional finance. The increased holdings by institutions undoubtedly give confidence to the market.
In the upcoming market, attention should also be paid to the Ethereum staking track, Layer 2, DeFi lending, and other leading ecosystems related to these areas!
#ETH #ENA #稳定币
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Teacher He Zhiguo Talks: The Impact of Stablecoin Economy
Payment Innovation: Stablecoins are an integral part of an efficient cross-border digital payment ecosystem, characterized by speed and low cost.
Strengthening U.S. Treasury Bonds: After the implementation of the GENIUS Act in the U.S., U.S. Treasury bonds may become the most attractive underlying asset for stablecoins, guiding massive amounts of funds to hold U.S. Treasury bonds (flowing into the U.S. Treasury), thereby changing the investment and financing structure of the financial system.
Impact on Banks: The aforementioned strengthening of U.S. Treasury bonds and the “closed loop” of fund flow will lead to deposit outflows from the banking system, weakening the traditional banks' role in the financial system. Stablecoin platforms may become new “narrow banks.”
RWA: The scale of RWA (Real World Assets) has approached 300 billion USD and continues to grow. Ensuring that on-chain assets correspond to real-world assets is a prerequisite for large-scale application, while asset custody is a key node in practice.
#稳定币
Payment Innovation: Stablecoins are an integral part of an efficient cross-border digital payment ecosystem, characterized by speed and low cost.
Strengthening U.S. Treasury Bonds: After the implementation of the GENIUS Act in the U.S., U.S. Treasury bonds may become the most attractive underlying asset for stablecoins, guiding massive amounts of funds to hold U.S. Treasury bonds (flowing into the U.S. Treasury), thereby changing the investment and financing structure of the financial system.
Impact on Banks: The aforementioned strengthening of U.S. Treasury bonds and the “closed loop” of fund flow will lead to deposit outflows from the banking system, weakening the traditional banks' role in the financial system. Stablecoin platforms may become new “narrow banks.”
RWA: The scale of RWA (Real World Assets) has approached 300 billion USD and continues to grow. Ensuring that on-chain assets correspond to real-world assets is a prerequisite for large-scale application, while asset custody is a key node in practice.
#稳定币
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