Foreign capital is stealthily attacking the crypto market! After the central bank's detailed rules were exposed, this wave of profit-seeking is a blood loss
Every time traditional finance makes a move, the cryptocurrency market has to flip the table—this operation by the central bank has directly opened a 'heavenly eye' for the crypto circle!
The eight new policies from the central bank are ostensibly to ease restrictions on traditional finance, but in reality, they have buried three 'nuclear-level' surprises for the crypto market:
First, the Cross-Border Wealth Management Connect 2.0 is a money-printing machine for stablecoins! Previously, compatriots from Hong Kong and Macau had to tiptoe to meet the threshold for purchasing wealth management products in the mainland. Now, the quota has doubled, and the products are sufficient, ensuring that the flow of funds will definitely resemble a floodgates opening. At this time, stablecoins have become the 'highway' for cross-border arbitrage, and if demand doesn’t explode, then who knows what will happen! Referencing Hong Kong's opening of virtual asset ETFs last year, where Bitcoin surged by 40% in three months, this time it might just spawn a 'licensed version' of stablecoin channels, with regulators providing solid cover!
Second, the expansion of Panda Bonds directly ignites the 'real asset on-chain' revolution! Once the threshold for foreign capital to issue bonds is lowered, the tokenization of bonds will immediately have policy backing. Last year, Goldman Sachs trialed a $20 million digital bond on Ethereum as just an appetizer, and now the central bank has spoken up; who knows, even national bonds might be issued directly on-chain! When that happens, DeFi lending platforms will directly connect to national bond assets, making this asset expansion 'epic', and the interest could be more than enough!
Third, cross-border credit information sharing gives DeFi 'official credit endorsement'! Foreign institutions will be able to access central bank credit data, and credit loan agreements based on blockchain will take off. Imagine this: JPMorgan using blockchain to lend to SMEs at rates 30% lower than traditional banks—would you have believed this three years ago? Now that policies have been relaxed, it can become reality in a minute!
The most brutal is the RMB cross-border settlement's 'deadly strike'! The central bank's three-pronged approach directly stabs the lung of the dollar's hegemony. Once cross-border trade using RMB for settlement exceeds 30%, the stablecoin system tethered to the digital RMB will directly rewrite global financial rules. By then, the SWIFT system might end up in a museum, while the crypto market becomes the 'operating system' of the new world!
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