#加密立法新纪元 Stablecoins: The Financial Technology 'New Favorite' Elevated to the Altar

At the signing ceremony, Trump did not hold back in praising stablecoins, calling them a 'revolution' in the field of financial technology, even stating that 'the rise of cryptocurrencies is more fierce than that of stocks, benefiting both the dollar and the nation.' What is the charm of stablecoins that makes Trump value them so highly?

On one hand, stablecoins are completely different from volatile cryptocurrencies like Bitcoin. They are pegged to fiat currencies like the dollar, serving as a bridge connecting the crypto world with the traditional financial world. While circulating freely in the crypto world, they also help strengthen the dollar's position as the 'settlement leader' in the digital economy. To put it another way, stablecoins act as the 'spokesperson' for the dollar in the crypto realm, with each transaction subtly reinforcing the influence of the dollar.