#GENIUS Stablecoin Bill The Central Bank Takes Action, Is a Change Coming for Stablecoins? Tonight, You Must Keep an Eye on These Two Things!
You may not have realized yet, but a hard battle over "stablecoin hegemony" has already begun, and it's the central bank that is taking action!
What "big event" happened today?
This morning at the Lujiazui Forum, central bank bigwig Pan Gongsheng dropped a bombshell message:
"Using blockchain to eliminate SWIFT" — cross-border remittances have been reduced from 3 days to 10 seconds, and fees have dropped from 6% to 0.6%
Those "foreign traditional payment systems" from SWIFT are really about to be sent to the museum.
Don't treat it as just a pie in the sky — the International Operation Center for Digital RMB has officially launched today!
The market is bleeding:
The stablecoin battle has officially started!
The central bank's version of "compliant stablecoin" is here
100% fiat currency reserves
Monthly on-chain audits
