Crypto folks, this time it really is going to change!
This financial giant, JPMorgan, armed with its blockchain weapon Kinexys system, has directly stormed into the crypto market! It's like an elephant crashing into a porcelain store, causing everything in the crypto space to tremble!
Qingyao's interpretation: How severe is this matter?
The 'star-absorbing technique' of traditional finance.
The Kinexys system is like a super high-speed train in the financial world, cross-border payments arrive in seconds, and the fees are ridiculously low! As soon as companies hear about this, they immediately withdraw from the crypto market, causing the market value of stablecoins like USDT, USDC to evaporate by over a hundred billion in a day! It's like a more affordable convenience store suddenly opened downstairs, and all the customers ran away!
The 'tightening spell' of DeFi is coming.
JPMorgan has created a 'compliance barrier' using blockchain, which can protect privacy while allowing regulators to see clearly. This move directly punctured the lungs of decentralized finance (DeFi)! If all transactions in the future have to pass through the security checkpoint of traditional finance, protocols like UNI and AAVE may become 'legal but unplayed' decorations!
The RWA track is about to 'take off and pick people up'.
But don't panic! Traditional finance has also delivered a big gift this time—tokenized government bonds! It's like putting U.S. government bonds into a blockchain capsule, and projects like MKR and ONDO that deal with real asset tokenization have risen 40% in 24 hours! Retail investors rushing in now are like getting a 'crypto VIP' stamp on their traditional capital tickets!
Qingyao's perspective: This is a crisis, but also an opportunity!
Traditional finance is not here to eliminate the crypto market, but to 'tame' it! Just like when the internet first came out, traditional businesses also criticized it as a bubble, but now who doesn't use WeChat or Alipay? This time, the Kinexys invasion will instead force the crypto market's 'wild paths' to become 'regular troops'!
Case sharing: Someone is already secretly happy.
For example, MakerDAO (MKR), its decentralized stablecoin DAI has now become a 'safe passage' for traditional funds entering the crypto market, with a price increase of 50% in three days! Another example is Ondo Finance (ONDO), whose tokenized U.S. Treasury fund, personally promoted by JPMorgan, saw a single-day trading volume exceed 300 million USD!
Retail investor survival guide:
1. Stablecoin exchange track: USDT, USDC may become 'waste paper', hurry to exchange for decentralized stablecoins like DAI, LUSD, or directly buy BTC, ETH!
2. RWA track bottom-fishing: MKR, ONDO are now the 'entrance ticket for traditional capital', and prices are still low, hurry and get on board!
3. Focus on the Federal Reserve: If they discuss 'digital payment regulation' in September, the crypto market may drop again, but after the drop, it will be a wealth window for BTC, ETH! To put it bluntly:
Traditional finance and the crypto market are now like two boxers staring each other down—one is rich and powerful, the other is flexible and daring. Kinexys' punch seems fierce, but it might just train the crypto market's resilience to max level! (Next issue preview: Is there a 'kill switch' hidden in JPMorgan's Kinexys system? Qingyao will expose the 'gentle traps' of traditional finance!)#ETH巨鲸增持
