Central Bank Bigwig Suddenly Speaks! Blockchain Becomes a National Weapon, Is Your USDT in Danger?
"When central banks start playing with blockchain, the death knell for informal stablecoins has sounded!"
—— Pan Gongsheng's statement is not a technical outlook but a 'critical notice' for private stablecoins like USDT and USDC!
Plain Language Breakdown: The National Team's Dimensional Assault
President Pan's statement about 'blockchain promoting central bank digital currencies' translates to three layers of meaning:
The first strike against traditional finance: Using distributed ledger (global synchronized ledger) to paralyze dollar cross-border settlements
Second Strike on Stablecoins: After the launch of various countries' central bank digital currencies (CBDC), USDT, an 'informal IOU' without national backing, could turn into worthless paper at any time.