New Regulations for Stablecoins: 3 Changes (with a Pitfall Avoidance Guide)
Today, I'll explain the new stablecoin regulations using 3 bottles of mineral water; finish in 3 minutes and never fear pitfalls again👇
🔴 Previous Stablecoins: Like "No-Label Drinks"
Case: In 2022, a stablecoin issuer misappropriated 4 billion in reserves to buy luxury homes, leaving users with nothing
Problem: No regulatory requirements, reserve transparency akin to "mystery boxes"
Data: 99% of people are unaware that the stablecoins they bought are backed by only 50% of assets
🟢 Compliant Stablecoins Under New Regulations: Mineral Water with Quality Inspection Report
1️⃣ 100% of reserves must be government bonds / cash
Just like mineral water bottles that state "100% Natural Spring Water", the new regulations require that every 1 dollar of stablecoin corresponds to 1 dollar of assets
✅ Latest Case: On July 27, Anchorage partnered with Ethena for USDtb, publicly disclosing that 90% of the assets are U.S. government bonds
2️⃣ Daily Public Audit Reports
Supermarket-style "fishing for transparency"! Everyone can check if reserves are sufficient
📊 Comparison:
Old Stablecoins: Audited once a month (could be faked)
New Stablecoins: Real-time verification using blockchain (like the reserve browser for USDtb)
3️⃣ Central Bank Backing is Safer
Digital Renminbi issued by the state = state-owned mineral water, with zero risk of running away
🌍 Cross-Border Case: In Urumqi's "Fireworks Life Season", lamb and beef trade settled in digital renminbi, arriving in 3 seconds with zero fees
💡 3 Steps to Choose a Safe Stablecoin (with checklist)
1️⃣ Check Reserve Proof: Find the "Proof of Reserves" entry on the official website (e.g., USDtb's reserve page)
2️⃣ Look at Regulatory Licenses: Prioritize U.S. MSB / Singapore MAS certifications (pitfall avoidance: offshore regulations like the Cayman Islands)
3️⃣ Choose Top 10 by Trading Volume: CoinGecko stablecoin rankings, USDC/USDtb/digital renminbi are the most stable$BTC $ETH #加密市场反弹 #加密项目 #美国加征关税
