Recently, a few heavy blows from Wall Street and the Federal Reserve have shaken the cryptocurrency market!
First, Powell announced that the 'stablecoin regulatory framework is officially launched', followed by the dual-city linkage of Hong Kong and Shanghai, even Trump jumped out to shout 'the cryptocurrency president'— this global financial power game has finally shifted from a shadow war to a clear confrontation! For us retail investors, is this operation really 'cutting leeks' or 'giving benefits'?
Today, I will use simple language to clarify this situation!
One, Wall Street's 'power grab' script: from kicking the ball to 'distributing land to households'.
In recent years, cryptocurrency regulation has been like an absurd drama: the SEC says 'I am the securities police', the CFTC shouts 'I manage commodities', and the Treasury hides behind the scenes to watch the fun.
And the result? Terra collapsed with $40 billion evaporated, USDT was exposed for reserve fraud, countless retail investors lost everything, and the regulatory vacuum became a breeding ground for crime!
Now Wall Street has finally taken action! The new regulations directly 'distribute land to households':
Bank-backed stablecoins: Managed by the Federal Reserve and the banking regulatory authority, must have 100% reserves + real-time audits, exclusively for corporate cross-border transfers.
Grassroots stablecoins: Managed by the SEC, required to publicly disclose asset details, prohibited from 'air reserves', and retail trading must pass anti-money laundering checks first.
Subtext: Wall Street wants to monopolize the issuance rights of the 'digital dollar'! Want to issue stablecoins in the future? First, ask JPMorgan and Goldman Sachs if they agree!
Two, China's 'dual center' layout: Shanghai is quietly making big moves!
Don't think this game is only being played by the United States! China has quietly laid out a 'dual center' strategy long ago:
Opportunity point: In the future, for cross-border transfers and overseas shopping, we might directly use the 'Shanghai version of stablecoin' to bypass banks!
Three, the Federal Reserve's 'backup': the digital dollar is the ultimate BOSS.
Powell says 'support stablecoin innovation', but his body is honest, repeatedly emphasizing 'it does not affect the advancement of central bank digital currencies'! Why? Because no matter how good stablecoins are, they are essentially 'private money printing', while digital dollars are 'official money printing'!
For example: USDT currently claims to be pegged 1:1 to the dollar, but behind it may be US Treasury bonds, commercial paper, or even junk bonds! The digital dollar is directly issued by the Federal Reserve, with 100% reserves, they can issue as much as they want— this is not a stablecoin at all! Clearly, it is 'Dollar 2.0'!
Conspiracy theory: Wall Street promotes stablecoins, essentially to help the Federal Reserve 'test the waters' for digital currency! Once the market is educated enough, the digital dollar will directly harvest the globe!
Four, what should retail investors do? 3 tips to seize 'compliance dividends'.
Stay away from 'wild stablecoins': Under the new regulations, grassroots coins like USDT and USDC must publicly disclose reserve proofs, or they will be forcibly delisted! Check your stablecoins quickly, do they have audit reports?
Keep an eye on 'bank-backed stablecoins': The stablecoins issued by JPMorgan and HSBC, although with high thresholds, are very secure! In the future, they may open up to retail investors through cooperative institutions. Plan ahead for related concept stocks, such as Geler Software and New GuoDu in A-shares.
Focus on 'cross-border payment' scenarios: Blockchain cross-border payments tested in Shanghai may cover scenarios like cross-border e-commerce and tuition payments for studying abroad! Related companies have skyrocketed, but the real leaders are still on their way!
Five, Old Bo's summary:
This battle over stablecoins is essentially a redistribution of financial power! Wall Street wants to monopolize the issuance of 'digital dollars', while China wants to break through with the 'dual center', and the Federal Reserve is secretly planning a big move— but for us retail investors, compliance = safety, regulation = opportunity!
Remember my words: don't chase highs or lows, don't touch air coins, pay attention to policy trends, and focus on the two main lines of 'cross-border payments + bank-backed stablecoins', and by 2025 you can also earn effortlessly!
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