The 'Project Crypto' initiative launched by the U.S. Securities and Exchange Commission (SEC) greatly benefits applications related to stablecoins. Supported by the Genius Act, it can quickly establish a gold standard regulatory framework and incorporate stablecoins into the asset classification system. This will enhance the United States' leadership position in the global payments sector, provide a clear pathway, promote the compliant development of stablecoin issuers, and support platform innovations based on stablecoins, such as the Coinbase super app. #稳定币