Brothers, CCTV has really gone crazy this time!📺 They spent a full 20 minutes exposing the naked truth of Trump's new crypto policy, and after watching, my pupils shook—turns out the Americans are playing a game even more thrilling than a scripted murder mystery!🔥
One, (Genius Act): The Dollar's Blockchain 'Human Skin Mask'🎭
The act signed by Trump on July 18 superficially grants stablecoins a birth certificate, but in reality, it is gilding the teeth of the dollar hegemony!💵 It stipulates that all stablecoins must be 100% backed by cash in dollars or U.S. Treasury bonds within 93 days, meaning 99% of global stablecoins are working for the dollar! Data from the Bank of China is shocking: 70% of stablecoin reserves have been invested in U.S. Treasury bonds, and the money we invest in USDT ultimately becomes IOUs for the U.S. Treasury!🤯
What’s even more absurd is that the act simultaneously prohibits the Fed from issuing digital currency while giving private institutions the green light. The government sets the stage and capital performs, expanding the dollar payment network without getting involved directly, making Treasury Secretary Yellen's operation a textbook example of 'digital colonialism'!🌍
Two, Bitcoin's $120,000 Carnival: Retail Investors are Playing 'Russian Roulette'🎰
On the day the act was enacted, Bitcoin skyrocketed to a new high of $118,000, gaining 6% in a single day! But as CCTV shifted its lens—270,000 people were liquidated, with $1.25 billion evaporating!💸 BlackRock and other institutions were frantically buying, while retail investors became champions in the game of taking over!🏆
Technical loopholes are also hard to guard against. The GMX platform was hacked, resulting in a loss of $42 million, with over 30 attacks occurring in 2025 alone. Expert Huo Hongyi directly commented: This is a house of cards built on leverage! The Fed's interest rate cut expectations and policy benefits are like stimulants; once trade negotiations break down or inflation rebounds, Bitcoin could turn into a worthless token in no time!💨
Three, Stablecoin Underworld: The 'Currency War' Without Gunpowder💥
While the U.S. is digitizing the dollar, over 130 countries worldwide are working on their own stablecoins. China's digital renminbi is quietly laying out plans for cross-border trade, Hong Kong is launching new stablecoin regulations on August 1, and the EU has created a digital euro innovation center!🗽🇨🇳
But stablecoins have also become breeding grounds for crime, with 'Xinkangjia' defrauding 13 billion with a daily interest rate of 1%, and 'WO token' running off with 286 million USDT. FATF reports indicate that illegal transactions related to stablecoins could reach $51 billion in 2024, with mixers and cross-chain bridges making money laundering easier than drinking water!🚨
Four, U.S. Debt Crisis: Retail Investors are 'Taking the Fall' for the U.S. Government💸
How to fill the $36.2 trillion U.S. national debt hole? The answer is—let global retail investors take over! (Genius Act) Forces stablecoins to buy short-term U.S. Treasury bonds, and by 2028, demand could reach $1.4 trillion, surpassing any country's debt holdings!🇺🇸
However, the risks of this Ponzi scheme are becoming evident: once stablecoin holders redeem en masse, the U.S. Treasury market could go into shock! Ironically, while retail investors enjoy the surge in Bitcoin, they have unknowingly become 'invisible guarantors' of U.S. debt!💼
Five, China Breakthrough: Digital Renminbi 'Overtaking in a Curve'🏎️
In the face of this currency war, China has thrown out its trump card—digital renminbi! The cost of cross-border payments has dropped from 6.5% to below $1, and the settlement time has been shortened from 3 days to real-time!🇨🇳 Hong Kong's offshore renminbi stablecoin pilot is ready to go, and regulatory authorities on the mainland are intensively issuing warnings, cracking down on illegal fundraising disguised as stablecoin activities!⚡
Little Fatty's Sharp Commentary:
This financial revolution triggered by cryptocurrency is rewriting the global power structure. As the U.S. dollar tries to extend its hegemony with stablecoins, China's digital renminbi and the EU's digital euro are building a new ecosystem. CCTV's final soul-searching question: How to establish a fairer international financial order? This is not only a question for politicians but also a survival proposition that every investor must consider.💡
Follow Little Fatty, and let’s understand the trends in the crypto world in the most down-to-earth way! Remember to like and follow👇#稳定币监管风暴 #特郎普 $BTC $ETH
