Powell Unleashes the Digital Dollar: Global Stablecoin Reshuffle, How Can Retail Investors Survive?
1. Regulatory Storm: From 'wild growth' to 'power harvesting'
The 'Stablecoin Regulatory Framework' recently promoted by Federal Reserve Chairman Powell marks the official entry of the cryptocurrency market into a strong regulatory era. In recent years, the stablecoin market has been chaotic — Terra's collapse, USDT reserve controversies, retail investors losing everything, and the regulatory vacuum becoming a paradise for speculators. Now, the US has finally taken action:
Bank-based stablecoins: directly regulated by the Federal Reserve, requiring 100% dollar reserves + real-time audits, exclusively for corporate cross-border payments.