Brothers, major news! The Lujiazui Forum 2025 opens today, and the central bank has directly thrown out the 'big bomb' - full opening of digital RMB and stablecoins! The crypto space may welcome the biggest opportunity in nearly 5 years, but ordinary people should not rush in blindly; understand first before taking action!
1. What major move has the central bank made?
Today, the central bank clarified eight points, and our focus is:
Accelerated popularization of digital RMB: In the future, it may connect directly with Alipay and WeChat, allowing you to use it for grocery shopping and taxis, and even support cross-border payments (no need to exchange currency when going abroad?).
Stablecoin regulatory pilot: USDT, USDC and other 'dollar tokens' may be brought under regulation, so trading cryptocurrencies won't make you worry about 'dirty money' anymore!
The country wants to take control of digital currency, but it also doesn't want to shut out 'foreign monks' (stablecoins). The crypto space is finally going to have a 'legal identity'!
2. Is this good or bad for the crypto space?
Short-term celebration, long-term reshuffle!
Bitcoin, Ethereum: Likely to rise as market sentiment improves, but beware of corrections after good news is fully priced in.
If platform tokens (BNB, OKB, etc.) can be directly bought with RMB, exchanges will profit immensely, and platform tokens may take off.
Altcoins: Don't buy randomly! The more regulated it is, the harder it is for scam coins to survive; they may go to zero in bulk (were you also harvested by scam coins before?).
Jin Xin reminds everyone: The central bank supports 'compliant stablecoins', not all cryptocurrencies! Shitcoins and Ponzi schemes should run away quickly, as the reckoning will be harsher later!
3. What should ordinary people do?
Hodlers: Hold onto BTC/ETH and wait for the FOMO (fear of missing out) sentiment after this policy is implemented.
Short-term traders: Pay attention to 'compliant concept' tokens, such as those related to exchanges with RMB deposit and withdrawal channels.
Newbies: Don't go all in! Wait for specific details to be released and be careful not to get cut.