China and the U.S. Accelerate the Promotion of Stablecoin Legislation, Bringing Strategic Benefits to the Crypto Industry

Core Logic: Sovereign Currency + Cryptographic Technology = Stablecoin, this innovative model is becoming a key part of the financial strategy layout for both China and the U.S.

United States: Legislation Reinforces Dollar Hegemony

The U.S. is accelerating the promotion of legislation such as the 'Stablecoin Innovation Act,' requiring stablecoins to be pegged to the dollar and backed by highly liquid assets (such as U.S. dollars and Treasury bonds), intending to regulate the stablecoin market and strengthen the dollar's dominant position in the global digital finance sector.

China: Hong Kong's Pilot Opens New Path for Digital Renminbi

- The 'Stablecoin Regulation' effective from August 1: Hong Kong becomes the world's first region to fully regulate fiat-backed stablecoins, with Alibaba and JD.com having applied for licenses to pilot stablecoin issuance in Hong Kong dollars, which can be converted to Renminbi at any time.

- National Strategic Significance: Utilizing cryptographic technology to promote the linkage between Hong Kong dollars and Renminbi not only benefits the crypto industry but is also expected to become a 'digital bridge' for the internationalization of the Renminbi, helping to build a new global digital finance landscape.

Industry Impact: Major Benefits Reshape the Financial Landscape

The strategic layout of stablecoins by China and the U.S. marks a trend in the deep integration of sovereign currencies and cryptographic technology, bringing opportunities for compliant development to the crypto industry, and potentially rewriting traditional models of global cross-border payments and currency circulation. #美国国债 #加密市场回调 #特朗普施压鲍威尔 #BTC #ETH