#GENIUS Stablecoin Bill Central Bank Takes Action, Is a Change Coming for Stablecoins? Keep a Close Eye on These Two Things Tonight!
You may not have realized it yet, but a hard battle over "Stablecoin Hegemony" has already begun, and this time the central bank is directly involved!
What "big event" happened today?
This morning at the Lujiazui Forum, central bank heavyweight Pan Gongsheng dropped a bombshell:
"Using blockchain to eliminate SWIFT"—cross-border remittances reduced from 3 days to 10 seconds, and transaction fees dropped from 6% to 0.6%
Those "foreign traditional payment systems" of SWIFT are really about to be sent to the museum
Don't take it as just empty promises—today the Digital Renminbi International Operation Center has officially launched!
The market is bleeding:
The battle for stablecoins has officially begun!
The central bank's version of "compliant stablecoins" is here
100% fiat currency reserves
Monthly on-chain audits
Central bank credit endorsement
→ Even more "stable" than old players like USDT and USDC, it's like bringing a machine gun to a vegetable market!
