Every time traditional finance makes a big move, cryptocurrency is ready to flip the table—this operation by the central bank has directly opened the eyes of the crypto world!

The eight new policies from the central bank, on the surface, are meant to relax 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 printing machine for stablecoins! Previously, compatriots from Hong Kong and Macau had to tiptoe to meet the thresholds for buying wealth management products in the mainland, but now the quotas are doubled and the product management is sufficient, so the flow of funds is definitely going to be like a floodgate opening. At this moment, stablecoins will become the "highway" for cross-border arbitrage, and it would be surprising if the demand doesn't explode! Referencing Hong Kong's opening of virtual asset ETFs last year, Bitcoin surged 40% in three months, and this time it might even give rise to a "licensed version" of stablecoin channels, with regulations providing good cover!