According to ChainCatcher, 4E observed that Federal Reserve Governor Bowman stated that Federal Reserve employees should be allowed to hold a small amount of cryptocurrency, which would help in understanding digital asset products; excessive restrictions may hinder the recruitment and retention of professionals. She also called for the industry to strengthen communication with regulators to promote the application of blockchain in areas such as fraud prevention.
U.S. Treasury Secretary Bessent stated that the implementation of the (GENIUS Act) is crucial for maintaining America's leadership in the digital asset space. Stablecoins will expand the global use of the dollar and drive a surge in demand for U.S. Treasury bonds.
The Governor of the Bank of Korea, Lee Chang-yong, stated in Congress that a stablecoin for the Korean won is inevitable in the future, but it should be gradually introduced from the banking system and emphasized the need to carefully assess potential risks.
On the market level, BitMine Chairman Tom Lee shared the views of fund analysts, stating that Ethereum may pull back to $4075-4150 in the middle of this week, which would be a healthy adjustment. On the other hand, the verifiable computing layer Boundless released its tokenomics: its native token ZKC has a total supply of 1 billion, of which 49% is for ecological development, 23.5% is allocated to the team and contributors, 21.5% to investors, and community sales and airdrops account for 6%.
In addition, Wyoming has officially launched the first state-level stablecoin in the United States, FRNT, which is backed by the dollar and short-term U.S. Treasury bonds, and has already been launched on seven public chains: Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base.
4E reminds investors: Policy signals and innovations in stablecoins are accelerating the formation of the global digital financial system, and investors can pay attention to the interplay between the Ethereum ecosystem and the digitalization explorations of various central banks.
