What Impact Do Federal Reserve Rate Cuts and Stablecoin Regulation Have on the Crypto Space?
The moment Federal Reserve Chairman Powell signaled a rate cut, the global financial markets seemed to be hit by a shockwave, and the cryptocurrency space felt like a beach swept by a hurricane, with investors' hearts racing. At this moment, the power landscape of Wall Street is quietly being reshaped: 90% of dollar stablecoin transactions are flowing overseas, while U.S. regulators wield a cross-border regulatory sword, signaling the fierce clash between financial regulation and the crypto world has begun!
In this grand drama of intertwining celebration and crisis in the financial world, the wild horse of stablecoins galloping in the crypto space has finally met its tightening spell. Chairman Powell's heavy news came like a thunderclap: the regulatory framework for stablecoin supervision has officially debuted, bringing a glimmer of hope to all investors holding digital assets!
