Recently, I have noticed that the stablecoin market is experiencing rapid growth. Stablecoins serve as a key channel for entering the cryptocurrency field, playing an increasingly important role in the entire crypto market. Nowadays, the United States has relaxed policies, allowing commercial banks to issue stablecoins, and various states and different ecosystems are actively engaging in stablecoin arrangements. Take the Trump family's DeFi platform, for example; they have launched USD one.
The capital-raising ability of USDT is truly astonishing. With just a team of 100 people, they have generated billions of dollars in profit and even become the seventh-largest buyer of U.S. government bonds. Meanwhile, the Hong Kong Monetary Authority is also working diligently to establish a regulatory framework for stablecoin issuance, which is said to be formally announced in the coming months. It is foreseeable that as the stablecoin market continues to expand, the liquidity of the cryptocurrency market will greatly improve, driving up cryptocurrency prices.
Another interesting thing is that Trump pardoned three founders of BitMax. When asked why he did this, Trump bluntly stated that they were among the first to support him. From this incident, it is not difficult to see that as crypto policies continue to adjust, some individuals previously deemed guilty may gradually receive pardons. This undoubtedly sends a positive signal — the policy environment for the crypto market is moving towards an increasingly friendly direction.
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