The understanding king signed the stablecoin bill, which is definitely a major positive for the cryptocurrency circle!
The government's formal recognition of stablecoin compliance means that traditional financial institutions will enter the market on a large scale and issue their own stablecoins.
More users holding stablecoins translates directly to fresh blood for the cryptocurrency circle, as these funds can be converted into BTC, ETH, and other cryptocurrencies at any time, injecting new momentum into the market.
This wave of policy benefits is not only favorable for the U.S. market but will also encourage major countries around the world to follow suit and establish stablecoin regulatory frameworks.
It is foreseeable that from the second half of this year to next year, stablecoins will experience explosive growth, bringing continuous capital inflow to the cryptocurrency market.
Key targets to pay attention to: MKR, ENA, AAVE
These projects will occupy a first-mover advantage in the wave of stablecoin proliferation, making them worth long-term investment
Short-term market sentiment has already been ignited, but the real benefits are still ahead. The moment traditional financial institutions begin to issue stablecoins on a large scale will be the true takeoff moment for the cryptocurrency circle!
In the cryptocurrency world, choice is greater than effort! Following the right people, making money becomes a natural outcome!
