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

Blockchain + distributed ledger directly shatters the cross-border payment chain! Cross-border transfers have been reduced from 3 days to 10 seconds, and transaction fees have plummeted from 6% to 0.6%. Even the coffins of these old SWIFT dinosaurs can't be kept closed anymore.

This is not just a pie in the sky—today marks the official launch of the digital yuan international operation center. Data leaked from the Hong Kong sandbox shows that the daily transaction volume for cross-border payments has exceeded 8 billion dollars, and on-chain settlement speeds have skyrocketed to 3,000 transactions per second, directly pressing USDT to the ground.

What's even more ruthless is the smart contract, the dragon-slaying sword: automatic settlement, real-time auditing, and full-chain monitoring of fund flows, sweeping the traditional bank's 'T+3' settlement model straight into the historical trash heap.

[The bloody game between regulation and the market]

1. Compliance arms race

The digital yuan has shown its cards: 100% fiat currency reserves + monthly on-chain audits + central bank credit endorsement, charging into the USDT and USDC marketplace with a machine gun!