【4E: Federal Reserve Meeting Minutes Focus on Stablecoins, Eric Trump Raises Bitcoin Target Again】On August 21, according to 4E observations, the term 'stablecoin' was mentioned eight times in the latest Federal Reserve meeting minutes, indicating that it has become a key topic of policy discussion. Participants noted that with the recent passage of the (GENIUS Act), the use of payment stablecoins may increase and have far-reaching effects on the financial system. U.S. Treasury Secretary Bentsen stated that stablecoins will drive global dollar usage and increase demand for U.S. Treasury bonds. In U.S. politics, Senator Cynthia Lummis indicated that the crypto market structure bill will be submitted to President Trump before Thanksgiving, clarifying the regulatory division of responsibilities between the SEC and CFTC. Goldman Sachs pointed out in its latest research report that it is too early to say that stablecoins will disrupt traditional finance, and it is more optimistic about Robinhood's potential in crypto innovation, while Visa and Mastercard may play an active role in stablecoin payments. At the market and institutional level, Trump's son Eric Trump reiterated at the Jackson Hole SALT conference that Bitcoin will break through one million dollars and reaffirmed the year-end prediction of 175,000 dollars. Meanwhile, the exchange Kraken announced its acquisition of the Israeli no-code trading platform Capitalise.ai to enhance user trading automation features. The Hong Kong company Ming Cheng Group announced an investment of 483 million dollars to acquire 4,250 bitcoins, further reflecting traditional enterprises' bets on BTC. 4E reminds investors: policy and institutional dynamics are accelerating synchronously, and the dual driving effect of stablecoins and Bitcoin is worth paying attention to. However, short-term volatility and regulatory risks remain, and investors are advised to focus on position management and cycle rhythm.