⚡️$BTC embarking on the journey to 500,000, only the stablecoin bill can accompany.
- The empowering effect of the stablecoin bill on Web3 has long been repeatedly verified.
The master has also made several related posts, ever since Bitcoin shifted from financial market instruments to debt-related assets, its ceiling has been completely shattered.
- In contrast, the state of the altcoin market is well-known to all. Altcoins that can follow $BTC through the next phase are extremely rare.
🥞 The key lies in whether it can adopt the narrative of the stablecoin bill. $Pendle is, $Ondo is, and today’s protagonist $Solayer is as well.
- As a Layer 1, Solayer takes a unique approach by combining stablecoins with U.S. Treasury yields. When a large amount of dollars is anchored 1:1 as stablecoins in the future, the market's first choice will undoubtedly be the stablecoin that can earn U.S. Treasury yields passively. As the top Layer 1 in the Solana ecosystem, backed by the narrative of a U.S. public chain, and boasting extreme performance of over 1 million TPS, Solayer has the complete potential to carve out a path as a 'Visa on-chain.'
- Additionally, when Bitcoin soars, $SOL will almost certainly follow, and the approval of a staking-type ETF is just around the corner. The 12% staking yield of $SOL on Solayer will further attract market attention.
There’s also the jade card, which mitigates deposit and withdrawal risks.
💨 After the stablecoin bill is implemented, OTC regulation will become increasingly strict.
In the past, $USDT was merely value-pegged to the dollar, fundamentally still a cryptocurrency;
after the bill takes effect, stablecoins may be viewed as dollar equivalents, and private trading may touch illegal currency exchange lines, depending entirely on regulatory definitions.
To avoid legal risks, the optimal solution is to have an on-chain Visa card, allowing direct spending in dollars and reducing C2C withdrawal risks. As a 'byproduct' of the stablecoin bill, Solayer's jade card is undoubtedly a clever move.
