—— BlackRock, JD.com, Binance compete for the new veins of global finance (with survival guide)
💰 1. Data Nuclear Explosion: On-chain Empire crushes traditional banks
✅ Harsh Reality:
JPMorgan's daily $7.8 trillion foreign exchange trading is being eroded by USDC on-chain settlement
🚨 2. Hong Kong Battle: August 1 bill triggers a three-party strangulation
Battlefield Giants
Battle Situation Analysis
▸ Only 3 licenses issued: 200 applicants left blood on the ground
▸ Reserve audits penetrate: Tether (USDT) commercial paper accounts for 62%, becoming the biggest target
📈 3. Ambitions of Key Figures: Fink vs Liu Qiangdong vs Zhao Changpeng
Larry Fink (CEO of BlackRock):
“Stablecoins are the on-chain extension of US dollar hegemony” → Promoting BUIDL as the standard for US treasury tokens
Liu Qiangdong:
Using JCoin to facilitate Southeast Asia cross-border trade → Challenging Alibaba Alipay
CZ:
HKDⓈ Zero Fee Strategy → Quarterly capital inflow of $280 million
🔥 4. RWA New Frontier: The Second Revolution of Stablecoins
Tokenization of US Treasury bonds devours traditional funds
✅ Capital Migration: BlackRock's money market fund saw a weekly outflow of $7.1 billion → Moving to on-chain US
Cross-border Payment Nuclear Explosion Point
Hong Kong → Singapore completed a $100 million transfer in 13 seconds (traditional banks take 2 days)
Transaction Fees: $18 vs $150,000
⚠️ Retail Survival Code
🔑 Follow the lead (Hong Kong licensed stablecoin whitelist) → Avoid the next Tether collapse
🌊 Historical Wheel: By 2030, 30% of global trade will be settled by on-chain stablecoins
