#GENIUS稳定币法案 The central bank personally creates a stablecoin, and the three-pronged approach leaves USDT feeling uneasy:

100% fiat currency reserves, on-chain transparent custody;

Monthly audit disclosures, audit reports on-chain;

National credit endorsement, an unshakeable trust anchor.

How will USDT and USDC compete? One enters the vegetable market with a machine gun!

💥 Blood starts to flow on-chain

Last night, a big player wildly exchanged 89 million USDT for digital renminbi, leading to large-scale asset adjustments on-chain;

USDT is trading at a discount of 0.008, and the offshore price starts to loosen;

Binance adds 27 million USDC inflow, preparing for a joint counterattack.