#GENIUS稳定币法案 Pan Gongsheng dropped a bomb this morning at the Lujiazui Forum:

Blockchain + Distributed Ledger directly shatters the cross-border payment chain! Cross-border transfers reduced from 3 days to 10 seconds, transaction fees cut from 6% to 0.6%, even the coffins of those old SWIFT dinosaurs can't hold up anymore.

This is not just a pipe dream — the international operation center for digital RMB has officially launched today, and leaked data from Hong Kong's sandbox testing shows that the daily transaction volume for cross-border payments has already exceeded 8 billion dollars, with on-chain settlement speeds soaring to 3000 transactions per second, directly rubbing USDT into the ground.

What's even more ruthless is the smart contract, this dragon-slaying knife: automatic settlement, real-time auditing, full-chain monitoring of fund flow, the traditional bank's 'T+3' settlement model has been swept into the trash heap of history.