The market has recently exploded! The rumors are rife about changes in the Federal Reserve Board, and although Chairman Powell's term lasts until 2026, Trump has publicly criticized him multiple times for 'lowering interest rates too slowly' and being 'politically compromised', even stating 'he could do better himself'. More aggressively, Trump revealed that the new chairman will be chosen from three or four candidates, with the popular contenders being former Federal Reserve Board member Kevin Warsh and economist Stephen Moore, both of whom are quite 'dovish' and support using cryptocurrencies to challenge the dominance of central bank digital currencies!

What does this mean for the crypto market?

1️⃣ Accelerating the inclusion of stablecoins into the Federal Reserve payment system: Currently, only one institution has a master account; if this is relaxed in the future, stablecoins could be widely used in global trade like cash dollars, super convenient!

2️⃣ Halting the development of a digital dollar (CBDC): Trump has already ordered a ban on the issuance of a digital dollar, which leaves a great policy space for decentralized assets like Bitcoin.

3️⃣ Including Bitcoin in the national strategic reserves: The U.S. may follow El Salvador's lead by using Bitcoin to repay national debt, igniting super market sentiment!