#GENIUS稳定币法案 Traditional finance always makes a big move, and cryptocurrency is ready to flip the table—this move by the central bank has directly opened the eyes of the crypto world!

The eight new policies from the central bank, on the surface, loosen restrictions for 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 the printing machine for stablecoins! Previously, compatriots from Hong Kong and Macau had to tiptoe to meet the threshold for buying wealth management products in mainland China, but now the quota has doubled, and product management is sufficient, which will definitely lead to a flood of capital flow. At this moment, stablecoins become the 'highway' for cross-border arbitrage, and it would be a miracle if the demand doesn't explode! Referencing Hong Kong's opening of virtual asset ETFs last year, Bitcoin surged 40% in three months; this time, it could possibly give rise to a 'licensed version' of the stablecoin channel, and the regulators have provided good cover!