Will US Dollar Stablecoins Siphon Global Liquidity?

Yang Mindao: Since Trump took office, the most notable aspect of cryptocurrency regulation has been the stablecoin legislation. This is crucial because stablecoins are very important, and we are still in the early stages of this issue, as major players like JPMorgan have not yet entered the market. The core reason for their absence is regulatory concerns. Now, let's assume JPMorgan can issue a stablecoin similar to USDT; which one would you use, right? So I believe the entire landscape of stablecoins has not yet begun; it is still very early.

Zheng Di: One of the goals of the Trump administration is to siphon global liquidity on-chain, creating an on-chain version of the US stock market or an on-chain version of NASDAQ. I remember a South Korean regulatory official mentioned two weeks ago that they were quite concerned about US dollar stablecoins.

Essentially, the larger US dollar stablecoins become, the more the world is indirectly lending money to the US government. So why is the EU trying to create a Euro stablecoin? It is for this reason.

If you can trade US stocks and all these American assets with just any wallet, how can China, the EU, or South Korea control capital outflows? How can one check how many US dollar assets are in a person's wallet? In other words, capital controls on-chain are becoming increasingly difficult.

Trump would definitely be clapping his hands in approval, because this means that if the US leads this on-chain economy, with the arrival of the digital economy era, it could really siphon global liquidity. $BTC $ETH $SOL #中心化与去中心化交易所 #交易类型入门 #特朗普媒体科技集团比特币财库