I mentioned on the 22nd that a new stablecoin would be coming out, and yesterday I saw the news about USD1. Circle CEO Jeremy Allaire said: "In the next five years, all currencies will go on-chain, and stablecoins are the first milestone."

USD1 is both the lifeblood of the crypto world and a chip in the power game. From the White House crypto summit to the policy games of various countries, stablecoins are experiencing a thrilling leap from "wild growth" to "systemically important assets."

Regulation is a restriction on ordinary people, but also a protection for big capital. The distance between the crypto market and ordinary people is becoming closer, yet further apart.

#ETH Ethereum has been silent for so long, it's time to wake up! The shift from POW to POS has improved network performance but lost currency value; hopefully, the next upgrade will bring good news!