When the 'national team' enters with blockchain technology, the good days for traditional cross-border payments and private stablecoins are likely coming to an end!
I. Major Breakthrough: Digital Renminbi officially takes center stage on the international stage.
Yesterday, Xiong'an New Area completed its first cross-border payment business using central bank digital currency through state-owned enterprises, with Sinochem Group achieving real-time settlement via the Xiong'an branch of Industrial and Commercial Bank of China. This milestone event marks:
1.
Technical Breakthrough: The cross-border payment network of central bank digital currency (CBDC) based on distributed ledger technology (DLT) has officially been put into commercial use, with transaction speeds far exceeding those of the traditional SWIFT system.
2.
Strategic Significance: China is building a new international payment channel to bypass the US dollar system, and it is expected that major global economies will accelerate the interconnectivity of digital currencies within the next three years.
Case Study: Just as Alipay disrupted cash payments, the 'compliance + high efficiency' combination of Digital Renminbi is forming a dimensional reduction attack on commercial stablecoins like USDT.
II. Market Impact: The cryptocurrency sector is facing a reshuffle
1.
Stablecoin Crisis: The stock price of Tether, the issuer of USDT, plunged 12% in a single day, and trust in private stablecoins is collapsing.
2.
Regulatory New Trends: Countries may shift to a 'combination of loosening and tightening' strategy—cracking down on fraudulent projects while supporting compliant blockchain applications (such as cross-border trade settlement).
3.
Bitcoin Position Shift: Institutional investors may view it as a 'digital commodity' for long-term holding, but the risks of retail investors chasing highs and cutting losses are sharply rising.
III. Deep Logic: This is a battle for monetary sovereignty
Digital Renminbi is far from a simple 'electronic cash'; it is a key layout for China to compete for global financial discourse power:
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Short-term Goals: Establish a cross-border trade digital currency settlement network
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Mid to Long-term Strategy: Reshape the rules of the international monetary system, just like the dollar was once tied to oil.
Data Evidence: The Bank for International Settlements (BIS) predicts that by 2026, the annual trading volume of central bank digital currency bridges will exceed $10 trillion.
IV. Investor Response Strategies
1. Immediately clear three types of assets:
Shitcoins with no practical application
High leverage contract positions
Stablecoins lacking compliance endorsement
2. Focus on two major directions:
Public chain projects (like Ripple) that have connected to the central bank digital currency testing
Listed companies holding patents related to digital renminbi
3. Policy Tracking Recommendations: Regularly check the patent application dynamics of the Central Bank Digital Currency Research Institute—these documents often contain hidden development roadmaps for the next 3-5 years.
In this financial revolution led by state power, one must either layout compliant tracks in advance or be destined to be eliminated by the times. For daily market analysis and accurate intra-day segment trading, please refer to the homepage introduction.
