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Why does positive news come out and start 📉
Is it a small pullback or is it gathering strength? 🤔🤔
Is it a small pullback or is it gathering strength? 🤔🤔
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China Everbright Securities Chief Economist: US Dollar Stablecoins Are Not Legal Tender in the US, Should Not Be Mythologized or Overvalued
According to Caixin, during a recent online seminar of the China Macro Economic Forum (CMF), Guan Tao, the Chief Economist of China Everbright Securities, stated that US dollar stablecoins are not legal tender in the US and lack the backing of sovereign credit. A 'wait-and-see' approach can be taken towards stablecoins, and there is no need to rush or to 'mythologize' or 'overvalue' them. It is essential to maintain strategic resolve in the development of digital currencies and the promotion of the internationalization of the Renminbi. Guan Tao believes that customer funds from third-party payments like WeChat and Alipay are fully managed by the People's Bank of China, which is similar to the issuance of stablecoins at a 1:1 ratio, and in practice, payment and settlement still use Renminbi. #GENIUS稳定币法案 #加密立法新纪元
According to Caixin, during a recent online seminar of the China Macro Economic Forum (CMF), Guan Tao, the Chief Economist of China Everbright Securities, stated that US dollar stablecoins are not legal tender in the US and lack the backing of sovereign credit. A 'wait-and-see' approach can be taken towards stablecoins, and there is no need to rush or to 'mythologize' or 'overvalue' them. It is essential to maintain strategic resolve in the development of digital currencies and the promotion of the internationalization of the Renminbi. Guan Tao believes that customer funds from third-party payments like WeChat and Alipay are fully managed by the People's Bank of China, which is similar to the issuance of stablecoins at a 1:1 ratio, and in practice, payment and settlement still use Renminbi. #GENIUS稳定币法案 #加密立法新纪元
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The sequel to 'Rebirth: I Became My Own Hedge Fund Manager': Strategies Fully Awakened, AI Leads Me to Sweep Through DeFi!
You ask me what it was like to play DeFi before?
I was just a lazy person, watching others rake in numerous projects with impressive APYs while I sat by sipping tea.
Then, I stopped waiting. This time, I plunged directly into the world of INFINIT V2, and it was an absolute blast!
From 'waiting for others' to 'making decisions myself': INFINIT V2 allows me to stop waiting for development.
Do you remember my previous mindset:
I was always wondering when the project team would launch new strategies and when developers would perfect the features.
Every day, staring at various protocols, I was left with a bunch of questions; my operations were just following others' analyses and stumbling along.
I was just a lazy person, watching others rake in numerous projects with impressive APYs while I sat by sipping tea.
Then, I stopped waiting. This time, I plunged directly into the world of INFINIT V2, and it was an absolute blast!
From 'waiting for others' to 'making decisions myself': INFINIT V2 allows me to stop waiting for development.
Do you remember my previous mindset:
I was always wondering when the project team would launch new strategies and when developers would perfect the features.
Every day, staring at various protocols, I was left with a bunch of questions; my operations were just following others' analyses and stumbling along.
See original
A few days ago, I listened to the AMA of INFINIT CEO, and it resonated with me deeply.
In recent years, women have truly been shining in various fields, especially female leaders like Tascha @tascha_panpan, who are truly inspirational!
I have been following the @Infinit_Labs project for quite a while now.
When I first got in touch with it, I was very impressed; the project's functionalities are very convenient. Not to mention anything else, the most critical point is that there are no complicated operation processes—just a one-click operation!
Moreover, it is even more considerate to provide language options in Chinese, English, and Korean. For users like me, who are not very proficient in English, it is incredibly convenient!
This is also a detail that most projects rarely pay attention to. It feels like the project team is really putting in a lot of effort.
Later, I learned that INFINIT's CEO, Tascha, is an exceptional woman who has worked in investment banking and was once a product manager at Tencent. Even more astonishing is that she dropped out of Harvard Business School for the opportunity in blockchain to start her own business!
She was once the CEO of Alpha Finance Lab (later renamed Stella) and created the DeFi product Homora, which had a TVL exceeding 1.8 billion USD at that time and successfully incubated multiple top-tier projects.
Her understanding of DeFi is truly profound.
In the AMA, Tascha mentioned: "Today's DeFi is still far from being truly mainstream. Technology is one aspect, but the real challenge is to transform technology into products that everyone can use."
She has indeed achieved this. INFINIT V1 has accumulated 167,000 real users and 452,000 on-chain transactions, and through personalized recommendations, it helps us filter suitable opportunities and strategies like a knowledgeable friend.
What excites me the most is the V2 update, which condenses the originally complex operation process into a one-click completion in just 3 seconds!
It is simply a blessing for DeFi users!
Every word from Tascha reveals her profound understanding of DeFi. I resonate with every point she makes. INFINIT is indeed moving towards a simpler and more user-friendly goal under her leadership.
Only those who understand DeFi can create better DeFi products, and INFINIT is the best proof of that!
In recent years, women have truly been shining in various fields, especially female leaders like Tascha @tascha_panpan, who are truly inspirational!
I have been following the @Infinit_Labs project for quite a while now.
When I first got in touch with it, I was very impressed; the project's functionalities are very convenient. Not to mention anything else, the most critical point is that there are no complicated operation processes—just a one-click operation!
Moreover, it is even more considerate to provide language options in Chinese, English, and Korean. For users like me, who are not very proficient in English, it is incredibly convenient!
This is also a detail that most projects rarely pay attention to. It feels like the project team is really putting in a lot of effort.
Later, I learned that INFINIT's CEO, Tascha, is an exceptional woman who has worked in investment banking and was once a product manager at Tencent. Even more astonishing is that she dropped out of Harvard Business School for the opportunity in blockchain to start her own business!
She was once the CEO of Alpha Finance Lab (later renamed Stella) and created the DeFi product Homora, which had a TVL exceeding 1.8 billion USD at that time and successfully incubated multiple top-tier projects.
Her understanding of DeFi is truly profound.
In the AMA, Tascha mentioned: "Today's DeFi is still far from being truly mainstream. Technology is one aspect, but the real challenge is to transform technology into products that everyone can use."
She has indeed achieved this. INFINIT V1 has accumulated 167,000 real users and 452,000 on-chain transactions, and through personalized recommendations, it helps us filter suitable opportunities and strategies like a knowledgeable friend.
What excites me the most is the V2 update, which condenses the originally complex operation process into a one-click completion in just 3 seconds!
It is simply a blessing for DeFi users!
Every word from Tascha reveals her profound understanding of DeFi. I resonate with every point she makes. INFINIT is indeed moving towards a simpler and more user-friendly goal under her leadership.
Only those who understand DeFi can create better DeFi products, and INFINIT is the best proof of that!
See original
This is called the true god's descent!
颜驰Bit
--
Wait until I finish being busy for these two days, and I'll show you what it means that you are all here to争 for second place.
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