Powell Strikes Hard! The Era of Digital Dollar is Coming, Is USDT and USDC Doomed?
Wall Street's Power Grab: A Big Shuffle in the Stablecoin World
In the past few years, cryptocurrency regulation has been in chaos: the SEC and CFTC have been shifting blame, while the Treasury has been watching from the sidelines. The result? The collapse of Terra wiped out 40 billion, USDT's reserve fraud was exposed, and countless retail investors lost everything!
Now Wall Street is finally taking action:
Bank-backed Stablecoins: Direct regulation by the Federal Reserve, 100% collateral + real-time audits, exclusively for large enterprises
Grassroots Stablecoins: Strict regulation by the SEC, must disclose assets transparently, retail trading must pass anti-money laundering checks
Subtext: Moving forward, the stablecoin market will be dominated by Goldman Sachs and JPMorgan, and USDT and other "private currencies" are seeing the end of their good days!
China's Tale of Two Cities: Hong Kong Issues Licenses, Shanghai Breaks Through
Don't think only the U.S. is playing the game:
Hong Kong: On August 1, the "Stablecoin Regulation" comes into effect, HSBC and Ant Group are making moves, potentially linking directly to the digital RMB in the future
Shanghai: Testing blockchain cross-border payments, fees reduced from 2% to 0.1%, with funds arriving in just 10 minutes
Major Opportunity: The internationalization of the digital RMB accelerates, and the "Shanghai version of stablecoin" may disrupt traditional cross-border payments!
The Federal Reserve's Ultimate Move: Digital Dollar
Powell verbally supports stablecoins but is actually hiding a big strategy:
USDT may be backed by junk bonds
Digital dollars will be directly issued by the Federal Reserve, with 100% reserves
The truth: Private stablecoins are just experimental products; the digital dollar is the ultimate weapon!
Guide for Retail Investors
Check your holdings immediately: If USDT or USDC lacks an audit report, quickly withdraw
Focus on bank-backed concepts: Pay attention to relevant stocks of JPMorgan and HSBC
Seize cross-border payments: Companies testing in Shanghai may become the next wave of market leaders
XCoin Speaks Out
This is not regulation; it is a reshuffling of financial power!
The secret to making money by 2025:
Stay away from scam coins
Stick to compliant targets
Keep an eye on cross-border payments
Remember: In the era of the digital dollar, only by following the right trends can you survive to the end!
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