According to ChainCatcher, based on observations from 4E, the term 'stablecoin' was mentioned eight times in the latest minutes of the Federal Reserve meeting, indicating that it has become a key focus of policy discussions. Participants noted that with the recent passage of the (GENIUS Act), the use of payment stablecoins may increase and have far-reaching impacts on the financial system. U.S. Treasury Secretary Yellen stated that stablecoins will drive global dollar usage and increase demand for U.S. Treasury bonds.
In the U.S. political arena, Senator Cynthia Lummis stated 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 still too early to say that stablecoins will disrupt traditional finance, and is more optimistic about Robinhood's potential in crypto innovation, while Visa and MasterCard may play an active role in stablecoin payments.
In the market and institutional level, Eric Trump, the son of former President Trump, reiterated at the Jackson Hole SALT conference that Bitcoin will break through one million dollars, and reaffirmed the prediction of $175,000 by the end of the year. Meanwhile, the exchange Kraken announced the acquisition of the Israeli no-code trading platform Capitalise.ai to enhance user trading automation capabilities. Hong Kong company Ming Cheng Group announced an investment of $483 million to purchase 4,250 Bitcoins, further reflecting traditional enterprises' bets on BTC.
4E Reminder to investors: The dynamics of policies and institutions 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 cyclical rhythms.
