**Trump takes action, reshuffling stablecoins? Decentralization may face regulatory winter!\nAfter the political winds in the beautiful country have suddenly changed, and Trump has defeated Harris to return to the pinnacle of power, the crypto industry is experiencing severe turbulence! The new government strikes hard, quickly fulfilling its "friendly commitment" to the crypto industry—establishing a special task force to regulate digital assets and swiftly advancing a bill that could reshape the global stablecoin landscape—the "GENIUS Act." What exactly is the "GENIUS Act"?\nThis bill, regarded as the "death sentence for decentralized stablecoins," has the following key points: \nMust be licensed: Stablecoin issuers must obtain official state or federal licenses.\nHard asset backing: Must have cash or U.S. Treasury bonds fully reserved on a 1:1 basis.\nMonthly transparency: Must publicly disclose reserve reports every month.\nStrict compliance: Fully comply with AML and KYC requirements.\nPolitical interference prohibited: Issuers must not have any ties to political organizations.\nIt sounds like building a financial safety net, but in reality, it may be sounding the death knell for decentralized stablecoins.\nWho is cheering? Who is worried?\nBanks and tech giants may welcome spring\nAccording to industry rumors, Apple, Amazon, Walmart, and even JPMorgan have quietly prepared to enter the market. They have compliance advantages and a large user network, and once the bill is implemented, they will easily seize market share in stablecoins.\nDecentralized stablecoins may be halved\nStablecoins like DAI, which do not rely on fiat reserves but on smart contracts, will face a "legitimacy crisis." This is a significant negative for communities pursuing free finance and anti-censorship.\nMore intriguingly: Reports suggest that there may be shadows of capital related to the Trump family behind the bill, raising doubts about whether the policy favors traditional financial giants.\nHow should crypto users respond?\nClosely monitor the legislative process, especially the timing of the implementation details.\nAdjust stablecoin position strategies and prepare for a "centralized stablecoin-dominated landscape".\nSeek new narratives and alternatives for decentralized stablecoins, such as LUSD, RAI, etc.\n#TRUMP #鲍威尔发言 #X超级应用转型 #美联储FOMC会议 #美联储FOMC会议 $BTC $ETH $XRP