#BTC Let's talk again about a foundation of the bull market, the passage of the stablecoin bill, which has established clear rules for issuing stablecoins, no longer in a gray area. Companies and institutions can apply according to the law, and licensed institutions will issue as much as possible. Even companies from China cannot resist coming in to share a piece of the pie.

With the legal issuance of stablecoins, a new wave of large-scale stablecoin issuance is underway. All newly introduced stablecoins are locked to corresponding traditional funds, and these new funds are firmly secured in the crypto space, clearly increasing liquidity in the crypto market, which consequently pushes prices up quietly.

Bitcoin $BTC is hard not to rise, and altcoins are also being driven up.