#稳定币监管风暴 On July 18, Trump raised a signed pen at the White House and officially enacted the GENIUS Act into law. He claimed it to be the greatest transformation in financial technology since the birth of the internet! All stablecoins must be pegged 1:1 to dollar assets, with 93% of reserves required to purchase U.S. Treasury bonds, bank deposits, or cash. Tech companies like Amazon are prohibited from issuing stablecoins unless through rigorous scrutiny. Foreign issuers must either relocate back to the U.S. or abandon dollar pegs—Tether's $120 billion U.S. Treasury holdings have exceeded Germany's, making it the 19th largest buyer of U.S. debt globally. This is a more dangerous dollar weapon than SWIFT! Zhu Guangyao, former Deputy Minister of Finance of China, pointed out the core issue: the bill ties U.S. debt to stablecoins, and the $36.2 trillion national debt crisis is being shifted globally.