$USDC

What's even scarier is that Binance suddenly increased its USDC minting volume by 27 million this morning, clearly aiming to play a compliance game with the central bank.

3. The life-and-death speed between technology and regulation

Decentralized finance (DeFi) and regulators are engaged in a 'cat-and-mouse game':

Regulatory blade: The SEC requires all stablecoin projects to complete compliance registration by June 24, otherwise they will be delisted globally.

Technological breakthrough: AAVE and COMPOUND upgraded their smart contracts overnight to create a dynamic reserve proof system to resist scrutiny.

【Tonight, must focus on two major explosive points】