#稳定币监管风暴 The future innovation of stablecoins needs to balance with compliance, requiring the establishment of a globally unified regulatory framework, clarifying the rules for the issuance and trading of stablecoins, and strengthening technical security and information transparency. Project parties should actively embrace regulation and integrate compliance into design. China's strong law enforcement this time demonstrates determination and effectiveness, and its experience has certain reference significance internationally, which is expected to become an international regulatory model and promote healthy industry development.