The regulatory knife is finally about to fall.
The U.S. Congress has made a decisive move, stablecoins are about to change!
I am Big G, a veteran in the crypto space for 6 years, and today this news has left me stunned — Senate vote on June 17! If it passes, the rules for stablecoins will be completely rewritten!
Last year, my friend was greedy for high USDT interest, and as a result, the project team used the reserves to speculate on LUNA, which crashed to zero! The new bill specifically targets this kind of behavior:
100% cash/U.S. Treasuries as collateral.
Small issuers will be managed by state governments.
Overseas wild coins will be directly banned.
My bold prediction:
Short-term chaos is certain! Last week's voting news led to a 15% surge in BTC trading volume, while SOL plummeted! If the bill passes next Monday, keep a close watch on ETH; if it gets stuck... be ready to catch flying knives!
Long-term win: USDC's favored son is about to take off! Circle is backed by Blackstone/Fidelity, and the bill is tailor-made for it, hurry up and switch positions without hesitation!
Explosion warning: World Liberty Financial, run by the Trump family, has been exposed for 'suspected interest transfer,' and the Democrats are biting this issue! If the bill gets stalled because of this... be ready to cut losses and exit in 3 seconds!
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