#稳定币监管风暴
Trump detonates the stablecoin nuclear bomb, causing a $250 billion market shock! The GENIUS bill tears apart the crypto world, exposing the insider trading frenzy of banking giants.
A piece of legislation has allowed dollar hegemony to be reborn in the blockchain world, as global capital rushes toward this 'U.S. bond reservoir.'
On July 18, Trump raised his signature pen at the White House and officially wrote the GENIUS bill into law. He declared this to be the greatest change in financial technology since the birth of the internet! All stablecoins must be pegged 1:1 to dollar assets, with 93% of reserves mandatorily purchasing U.S. Treasury bonds, bank deposits, or cash. Tech companies like Amazon are banned from issuing stablecoins unless they pass strict scrutiny. Foreign issuers must either relocate back to the U.S. or abandon dollar pegs—Tether's holdings of 120 billion in U.S. Treasury bonds have exceeded Germany's, making it the 19th largest holder of U.S. debt globally. This is a more dangerous dollar weapon than SWIFT! Former Vice Minister of Finance Zhu Guangyao directly points out that the bill binds U.S. debt and stablecoins, and the $36.2 trillion debt crisis is being shifted globally.
The latest report from the Bank for International Settlements (BIS) reveals the truth: stablecoin penetration in Argentina and Turkey exceeds 30%, with citizens frantically abandoning their local currency savings.
Dollar ghost accounts: Venezuelan workers settle wages with USDT, Nigerian merchants rely on USDC for cross-border smuggling
Hong Kong's lightning counterattack: On August 1 (stablecoin regulations) take effect, requiring the isolation and custody of reserve assets, targeting Ant Group and JD Finance's license applications
The EU's desperate cry: Lagarde warns that private stablecoins threaten financial stability, and the digital euro may struggle to be born.
This is new colonialism! Fudan University professor Sun Lijian harshly criticizes that the U.S. is draining emerging market capital using stablecoins.
Under the regulatory storm, a power restructuring is quietly surging: Ripple and Circle raid the banking industry, urgently applying for national trust bank licenses, with the Federal Reserve's main account becoming the new battlefield. JPMorgan conspires to issue its own coin, with leaked internal documents revealing plans to launch JPM Coin, opening a channel for gold tokenization. Hungary's bloody crackdown has new laws prescribing up to 5 years for cryptocurrency speculation, leading platforms like Revolut to panic and withdraw.
Bankers are reclaiming blockchain! The former CTO of Coinbase predicts that before 2026, Wall Street will control 60% of stablecoin liquidity.
Analysis by Lei Ge:
Once the Trump bill is out, USDT is no longer a stablecoin—it has become an ATM for the U.S. Treasury! The new bill = dollar conscription order. In simple terms, the U.S. forces all stablecoins like USDT and USDC to buy 93% of their funds in U.S. Treasury bonds, cash, or deposits in U.S. banks. For every dollar you use in stablecoins, 90 cents go into the U.S. government's pocket! Tether, which issues USDT, now holds 120 billion in U.S. Treasury bonds, more than Germany's treasury—this is not a stablecoin at all! It is clearly a U.S. bond promotion voucher! Meta and Amazon want to issue their own coins, but there's no chance! The bill specifically targets tech giants, allowing only banks and licensed institutions to play. While JPMorgan criticizes Bitcoin as a scam, it secretly hoards 60,000 coins enough to buy an aircraft carrier, and Wall Street's old foxes are frantically bottom-fishing!
Lei Ge's viewpoint:
Don't believe the decentralized fairy tale! After this round of regulation, Wall Street is the real daddy of the crypto world! Circle (which issues USDC) saw its stock price plummet by 15% in a week, while small investors were cutting losses, JPMorgan gobbled up the bloody chips. Hong Kong's new regulations in August require the isolation and custody of stablecoin assets, Ant Group rushed to change its plan overnight, and JD Finance hurried to recruit a compliance director—Asian giants also have to play on their knees. Argentine grandmothers buy bread with USDT, and Turkish youths pay rent with USDC… In these countries, 30% of the population has abandoned their national currency, and the dollar is colonizing digital wallets!
This is not regulation; it is the dollar resurrecting the Bretton Woods system with blockchain! Either learn to dance with Wall Street or be burned to ashes as fuel—what path will you choose? Blockchain has never killed hegemony; the dollar hegemony is reborn in the digital world through stablecoins.
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