Hey, friends in the crypto circle! I’m Qing Yao. Last night, Powell dropped a 'financial nuclear bomb' at the congressional hearing — the digital dollar (CBDC) accelerates implementation, directly detonating the crypto circle! Once the news broke, the market capitalization of USDT and USDC plummeted by billions in a single day, the panic index surged by 300%, and retail accounts were liquidated en masse! The impact of this wave is comparable to a tsunami hitting the crypto market.
Three major strangulation signals lock down stablecoins.
The Federal Reserve seizes power: targeting private stablecoins as a 'ticking bomb', declaring that the digital dollar will completely replace the settlement hegemony of USDT/USDC, aiming to cut off their roots!
Regulatory dead hand: The SEC gave USDC issuer Circle a 'securitization investigation' notice overnight, and the operator of USDT, Tether, has been placed on the sanctions list, just waiting to explode!
Capital is running madly: BlackRock and Fidelity withdraw with billions, stablecoin funds lock up and refuse to buy. On-chain data shows USDC whales dumped 580 million in a single day, sell orders piled up like a mountain!
The digital dollar is entering DeFi, the nightmare begins.
If the digital dollar is forcibly integrated into DeFi:
USDT/USDC instantly turns into 'illegal currency', exchanges delist overnight, and the coins you hold become worthless!
The decoupling crash is 10 times worse than the Silicon Valley Bank fallout; last time it halved, this time it might be worth nothing!
Bitcoin and Ethereum are being dragged down, BTC has flashed crash to $58,000, and it will be even worse after liquidity is drained!
Three survival tips for retail investors.
Immediately clear out USDT/USDC and exchange for DAI or BTC spot; one moment late and you’ll be buried!
Watch the Federal Reserve's September decision; once the CBDC pilot is released, decisively short the stablecoin sector!
Buy the dip on MKR, ONDO, and other RWA concept coins, as they are the biggest beneficiaries of the digital dollar; they can double in value!
History repeats itself, the opportunity for wealth lies among the corpses.
When Libra was strangled, Bitcoin rose 10 times! This time, after the digital dollar bloodbath on stablecoins, pure blood cryptocurrencies like BTC, ETH, and SOL may launch an epic counterattack, and those who dare to get on board can get rich by stepping on the corpses!
In short, Powell's declaration has an unprecedented impact. Stay alert to market trends and adjust strategies in time. Follow Qing Yao for the next issue revealing the fatal flaws of the digital dollar!