"The scythe of digital dollars has been swung down, and your wallet is being harvested by code!"
The U.S. 'GENIUS Act' has landed, which superficially provides a 'compliance ID' for the crypto market, but in fact has dug a 'dollar trap' for global capital. Stablecoins must be backed 100% by cash or U.S. Treasury bonds—this sounds like investor protection, but when you calculate it: for every dollar of stablecoin issued globally, it’s equivalent to sending a dollar bullet to U.S. Treasury bonds! This isn’t regulation; it’s clearly installing a 24-hour printing machine for dollar hegemony using blockchain.
Long's viewpoint:
Short-term pain, long-term bull! The new regulations have just begun; those non-compliant small stablecoins may be washed out, and the market might experience some panic and volatility. But this is definitely a huge benefit! Why have large institutions and traditional massive funds been hesitant to fully enter the market? They fear instability and lack of regulation. Now the U.S. has personally come in to 'certify' stablecoins, which is equivalent to giving large funds a super reassurance. Once the floodgates open, a massive amount of compliant capital will rush into the crypto world through stablecoins, driving up all assets! The potential of this liquidity bonus is enormous.
“Interest-earning” stablecoins are going to be popular! Under the new regulations, compliant stablecoins like USDe and USDS that can automatically generate interest will become highly sought after. In the future, what brothers hoard will no longer be dead USDT, but living assets that can “lay eggs.” This will be the next explosive track, so start researching quickly!
Bitcoin and Ethereum are more stable now. Stablecoins are the bridge connecting the traditional world and the crypto world. As the bridge is reinforced and widened, more people and money will cross over. The biggest beneficiaries will definitely be core assets like Bitcoin and Ethereum, whose value storage and ecological status will become even more solid due to the explosive increase in liquidity.
Don’t go against the U.S.! This act clearly tells you that the U.S. does not want to kill crypto, but to turn it into its financial weapon, extending dollar hegemony to the 24/7 global cryptocurrency market through stablecoins. Following the trend of compliance is the way to go. In the future, trading cryptocurrencies will also require a sense of “politics.”
Will you continue to follow 'compliance' and sip soup, or will you seize the opportunity in DeFi and cross-border payments before traditional finance completely monopolizes? #ETH质押退出动态观察 follow me, and I’ll help you dodge the scythe and feast on real meat!