When Wall Street giants collectively 'copy homework' to issue coins, will the naivety of the crypto world change?

Today (The Wall Street Journal) broke a big story — J.P. Morgan, Bank of America, Citibank, Wells Fargo, these 'traditional finance big brothers' are actually conspiring to issue stablecoins! This operation is simply more magical than Musk issuing Dogecoin, let me uncover the hidden tricks behind it!

1. Why are banks in such a hurry? They are being cornered by the crypto world!

  • Job robbery: In the past two years, the market value of stablecoins in the crypto world has soared from $205 billion to $245 billion. Even Trump issued a 'Trump coin' to make money. Seeing deposits and payment business being snatched away, banks urgently held meetings overnight: 'If we don’t get involved soon, we will become antiques!'

  • Legislation assistance: The U.S. Senate just passed the (GENIUS Act) to establish rules for stablecoins. Banks see that regulation is taking shape and quickly want to hitch a ride, fearing being overtaken by tech giants like Meta and Amazon.

  • Cross-border payment pain points: Traditional remittances take several days, but stablecoins arrive in seconds! Banks think: 'Why not use this technology for free and earn some nice fees?'

2. How wild are the 'joint coin issuing operations'?

  • J.P. Morgan leads the way, teaming up with Zelle's parent company Early Warning Services and clearing giant Clearing House, forming an 'Avengers Alliance'. Even small banks want to stand out, but without money or technology, they can only stare helplessly.

  • The Trump family is getting involved: Trump's World Liberty Financial has long issued the USD1 stablecoin and even listed it on Binance. Netizens complain: 'Is this really a stablecoin? Clearly, it's Trump's re-election campaign fund pool!'.

  • Regulatory landmines: The Democrats added a clause in the bill prohibiting Trump from making money off stablecoins, but the banks' lobbying group couldn't stop non-financial companies from issuing coins. The future may involve a direct confrontation with tech companies.

3. Should crypto investors laugh or cry?

  • Positive news: The entry of banks is equivalent to giving stablecoins an 'official certification'. USDT and USDC may be more stable, and the fees for cross-border payments can also be reduced.

  • Negative news: Exchanges and DeFi platforms should be shaking in their boots — banks hold vast user bases, issuing a coin integrated directly into Zelle transfers, who still needs centralized exchanges?

  • Magical reality: On one hand, banks say 'stablecoins are unsafe', while on the other hand, they are frantically creating coins themselves. Netizens sharply comment: 'Old money harvesting new money, indeed more elegant!'.


I'm shaking my head as I write! The banks' operations are just like the top student in class suddenly copying from the bottom student — previously criticizing cryptocurrencies as scams, now they are rolling up their sleeves to grab money. Even more absurd, the Trump family issues coins, banks issue coins, tech companies issue coins... is 2025 going to be the 'Year of Universal Coin Issuance'?

But on the other hand, this is definitely a historic moment for the crypto world! Traditional finance and the crypto world have shifted from tearing each other apart to marrying each other. In the future, 'bank-grade stablecoins' may be more enticing than Bitcoin ETFs. But investors, be careful — the scythe of Wall Street is much sharper than Binance!


So the question arises: After banks launch stablecoins, will USDT crash or surge? Bet in the comments, I bet Vitalik will stay up all night to modify the code for 'DeFi 2.0 without banks'!
(Friendly reminder: Don't just watch the show, hold onto your wallet tightly!)


In the upcoming strategic direction, I will guide everyone to aim for the lucrative opportunities in altcoins, expecting a space of over 10 times is definitely not a problem. Like + comment, and I will help you layout the entire bull market!

#稳定币 #特朗普晚宴 #比特币生态