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Stablecoins🟰 Trump's "debt rescue artifact".

What impact do stablecoins have on ordinary people?
Why are big companies like JD.com, Walmart, and Ant Group rushing to apply for stablecoin licenses to get a piece of the pie.

Let's first talk about what stablecoins are. Simply put, it is the "virtual US dollar" and "virtual Hong Kong dollar" in the digital world, like the USDT and USDC that everyone often hears about, which are always pegged to 1 US dollar. Stablecoins issued in Hong Kong will be tied to the Hong Kong dollar at a 1:1 ratio. These coins can facilitate hundreds of billions or even trillions of transactions online every day, and have become the "invisible currency" of the digital economy.

First of all, the US bill stipulates that companies issuing stablecoins must deposit an equal amount of US dollar cash or buy short-term US Treasury bonds as collateral for each coin issued, and must disclose fund details every month.

To put it bluntly, this is to find a super big sponsor for US Treasury bonds - in the future, trillions of stablecoin funds will have to buy US bonds for compliance, and Trump has picked up a "debt rescue artifact" for free.

Looking at the bigger picture, this may completely change the way the world does business.

In the future, countries may issue their own stablecoins, and small countries may even directly use the stablecoins of big countries for international trade.

Hong Kong is like our country's "digital currency test field". When enough experience is accumulated, the development of digital finance in the mainland will definitely keep up.

Now even traditional giants can't sit still. On the first day of listing, the world's second largest stablecoin issuer Circle's stock price rose by 200%, and it triggered several circuit breakers; large companies such as JD.com, Walmart, and Ant Group are rushing to apply for stablecoin licenses to get a piece of the pie.

Deutsche Bank predicts that the size of the stablecoin market will reach 250 billion US dollars this year, and Citigroup is even more exaggerated, saying that it may soar to 3.7 trillion US dollars in 2030!

For ordinary people like us, we may not feel the change now, but this is just like when mobile payment first emerged.

Ordinary people are joining the game now, just like grabbing Bitcoin ten years ago and all-in new energy five years ago. There are really not many opportunities to make money lying down!

#GENIUS稳定币法案 #美联储FOMC会议