The essence of stablecoins is actually the "value mirror" of the US dollar system in the blockchain era — on the surface, it appears to be a 1:1 exchange, but in reality, it constructs a sophisticated "dual-track system":
🔵 Fiat Currency Track: Every 1 dollar you deposit in exchange for USDC becomes a stable buyer of US Treasury bonds.
🟢 Crypto Track: The released USDC/USDT becomes the perpetual liquidity of the market.
This is the deep design of the Trump proposal:
✅ 100% Reserve System = Equipping the US Treasury bond market with an "automatic blood transfusion pump."
✅ Compliant Stablecoins = Providing the crypto market with "sustained liquidity."
When policymakers, issuers, and investors reach a delicate balance, a new "enhanced loop" of global capital flow is formed:
🌍 Traditional Funds → US Treasury Bonds → Stablecoins → Crypto Ecosystem → More Traditional Funds...
Insights of Long-term Thinkers:
The biggest structural opportunities often arise at the intersection of regulation and innovation. Now, this funding funnel is quietly reshaping:
📈 US Treasury Bonds gain long-term purchasing power.
📈 The crypto market gains compliant liquidity.
📈 Global capital finds new allocation channels.
