Maryetta Parm Wp4y
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Stablecoins
Financial stability and currency sovereignty risks loom large
The Bank for International Settlements (BIS) points out that stablecoins as a reliable form of currency have deficiencies, and without effective regulation, they may pose threats to financial stability and currency sovereignty. From the perspective of the global landscape of stablecoins, currently, 97% of global stablecoins are pegged to the U.S. dollar. This highly concentrated pegging model, if developed on a large scale within China, is likely to exert pressure on the process of RMB internationalization. For the RMB to move towards internationalization, a stable domestic financial environment and an effective monetary policy transmission mechanism are required. If stablecoins develop in a disorderly manner and a large amount of funds flow into the stablecoin sector, it will interfere with the regulation of the domestic money supply, making it more difficult for the central bank to control the total money supply and, in turn, weaken the effectiveness of monetary policy.
The Bank for International Settlements (BIS) points out that stablecoins as a reliable form of currency have deficiencies, and without effective regulation, they may pose threats to financial stability and currency sovereignty. From the perspective of the global landscape of stablecoins, currently, 97% of global stablecoins are pegged to the U.S. dollar. This highly concentrated pegging model, if developed on a large scale within China, is likely to exert pressure on the process of RMB internationalization. For the RMB to move towards internationalization, a stable domestic financial environment and an effective monetary policy transmission mechanism are required. If stablecoins develop in a disorderly manner and a large amount of funds flow into the stablecoin sector, it will interfere with the regulation of the domestic money supply, making it more difficult for the central bank to control the total money supply and, in turn, weaken the effectiveness of monetary policy.
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RESDC
China's first stablecoin:
1. Concept Definition: What is a rare earth stablecoin?
Rare earth-specific RMB stablecoin (RESDC) is the world's first sovereign resource-backed digital currency launched by China, essentially a legal digital currency derivative backed by national strategic resources. Unlike traditional cryptocurrencies, RESDC has three core characteristics:
1. Dual anchoring mechanism: Each RESDC corresponds to 1:1 RMB reserves and equivalent physical rare earth assets (such as praseodymium-neodymium metal, dysprosium, etc.), forming a dual credit support of 'fiat currency + resources'. This design maintains exchange rate stability with the RMB while endowing it with resource scarcity value.
1. Concept Definition: What is a rare earth stablecoin?
Rare earth-specific RMB stablecoin (RESDC) is the world's first sovereign resource-backed digital currency launched by China, essentially a legal digital currency derivative backed by national strategic resources. Unlike traditional cryptocurrencies, RESDC has three core characteristics:
1. Dual anchoring mechanism: Each RESDC corresponds to 1:1 RMB reserves and equivalent physical rare earth assets (such as praseodymium-neodymium metal, dysprosium, etc.), forming a dual credit support of 'fiat currency + resources'. This design maintains exchange rate stability with the RMB while endowing it with resource scarcity value.
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Mining is safer than contracts #美SEC批准流动性质押
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Cryptocurrency Makes America Rich Again
Can cryptocurrency make America rich again? Trump signs an executive order: allowing retirement funds to buy cryptocurrencies and banning the de-banking of the cryptocurrency industry. August 8, 2025, will undoubtedly be recorded in the financial history of the United States and the development history of global cryptocurrencies. U.S. President Donald Trump has formally signed two landmark executive orders that completely remove two core obstacles to the development of cryptocurrency in the U.S. These two orders act like two keys: one opens the massive gate to the multi-trillion dollar retirement fund market, while the other cuts the 'de-banking' shackles that have long restricted the development of the cryptocurrency industry.
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Rare Earth Stablecoin

Official announcement of the 'rare earth stablecoin' project on August 5, 2025
On August 1, Ant Group, in collaboration with the People's Bank of China and the China Rare Earth Group, officially launched the world's first rare earth-backed stablecoin—RESDC (Rare Earth Special Renminbi). This is not only China's first stablecoin supported by the central bank but may also become an important milestone in the history of digital currency development.
1. Ant Group's stablecoin: Innovation in technology and finance
As China's leading fintech company, Ant Group's collaboration with the central bank to launch RESDC is primarily based on its blockchain technology (Ant Chain). This technology ensures:
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Ant Group Joins Central Bank to Launch China's First Stablecoin
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On August 5, 2025, the 'Rare Earth Stablecoin' project was officially announced
On August 1, Ant Group, in collaboration with the People's Bank of China, China Rare Earth Group and other institutions, officially launched the world's first stablecoin anchored to rare earths—RESDC (Rare Earth Specific RMB). This is not only China's first stablecoin supported by the central bank, but it may also become an important milestone in the history of digital currency development.
1. Ant Group's Stablecoin: Innovation in Technology + Finance
As a leading financial technology company in China, Ant Group's core contribution to the launch of RESDC in collaboration with the central bank lies in its blockchain technology (AntChain). This technology ensures:
✅ Transactions completed in seconds (traditional cross-border payments take 3-5 days)
✅ 80% reduction in costs (eliminating intermediaries such as banks and SWIFT)
✅ 100% transparency and traceability (each transaction corresponds to real rare earth trade)
This means that when Chinese companies export rare earths, overseas buyers can directly use RESDC for payment, with funds arriving in real-time, and without worrying about exchange rate fluctuations or high fees.
2. The Special Feature of the Rare Earth Stablecoin: Dual Anchoring Mechanism
Ordinary stablecoins (like USDT) typically anchor only to the US dollar or gold, while RESDC employs a 'RMB + Rare Earth' dual support:
- 1 RESDC = 1 RMB (backed by central bank reserves)
- Corresponds to a certain amount of rare earth reserves (such as lanthanum, neodymium, and other key metals)
This design makes RESDC not only a payment tool but also a 'strategic resource digital currency', which could change the settlement method of global bulk commodity trade.
3. Impact on the Digital Currency Market
(1) Challenging the Dominance of USD Stablecoins
Currently, 90% of stablecoins globally (like USDT, USDC) are anchored to the US dollar, and the introduction of RESDC signifies that the RMB has established its own stablecoin system in the digital currency space for the first time. If key minerals like lithium and cobalt adopt similar models in the future, the US dollar's dominant position in digital payments may be weakened.
(2) Promoting the Internationalization of 'Digital RMB (e-CNY)'
RESDC can be seamlessly exchanged with digital RMB, and overseas companies, in order to purchase Chinese rare earths, may be compelled to hold RMB assets, thereby accelerating the internationalization process of the RMB.
Original
On August 5, 2025, the 'Rare Earth Stablecoin' project was officially announced
On August 1, Ant Group, in collaboration with the People's Bank of China, China Rare Earth Group and other institutions, officially launched the world's first stablecoin anchored to rare earths—RESDC (Rare Earth Specific RMB). This is not only China's first stablecoin supported by the central bank, but it may also become an important milestone in the history of digital currency development.
1. Ant Group's Stablecoin: Innovation in Technology + Finance
As a leading financial technology company in China, Ant Group's core contribution to the launch of RESDC in collaboration with the central bank lies in its blockchain technology (AntChain). This technology ensures:
✅ Transactions completed in seconds (traditional cross-border payments take 3-5 days)
✅ 80% reduction in costs (eliminating intermediaries such as banks and SWIFT)
✅ 100% transparency and traceability (each transaction corresponds to real rare earth trade)
This means that when Chinese companies export rare earths, overseas buyers can directly use RESDC for payment, with funds arriving in real-time, and without worrying about exchange rate fluctuations or high fees.
2. The Special Feature of the Rare Earth Stablecoin: Dual Anchoring Mechanism
Ordinary stablecoins (like USDT) typically anchor only to the US dollar or gold, while RESDC employs a 'RMB + Rare Earth' dual support:
- 1 RESDC = 1 RMB (backed by central bank reserves)
- Corresponds to a certain amount of rare earth reserves (such as lanthanum, neodymium, and other key metals)
This design makes RESDC not only a payment tool but also a 'strategic resource digital currency', which could change the settlement method of global bulk commodity trade.
3. Impact on the Digital Currency Market
(1) Challenging the Dominance of USD Stablecoins
Currently, 90% of stablecoins globally (like USDT, USDC) are anchored to the US dollar, and the introduction of RESDC signifies that the RMB has established its own stablecoin system in the digital currency space for the first time. If key minerals like lithium and cobalt adopt similar models in the future, the US dollar's dominant position in digital payments may be weakened.
(2) Promoting the Internationalization of 'Digital RMB (e-CNY)'
RESDC can be seamlessly exchanged with digital RMB, and overseas companies, in order to purchase Chinese rare earths, may be compelled to hold RMB assets, thereby accelerating the internationalization process of the RMB.
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Binance News
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The Federal Reserve maintains interest rates unchanged for the fifth consecutive time, in line with market expectations | Binance Daily Report (July 31st)
● [美国第二季度核心PCE物价指数和实际GDP年化季率初值超预期](https://www.binance.com/cn/square/post/27641612897962?utm_source=NewsRoundup&utm_medium=BinanceBUs&utm_campaign=MultichannelPromotion)
According to Wu Shuo, the initial annualized quarter-over-quarter value for the U.S. core PCE price index in Q2 was 2.5%, higher than the expected 2.3%, and the previous value was 3.50%. The initial annualized quarter-over-quarter value for the U.S. real GDP in Q2 was 3%, expected to be 2.4%, and the previous value was -0.50%.
● [美国7月ADP就业人数增加10.4万人，高于预期](https://www.binance.com/cn/square/post/27641357398353?utm_source=NewsRoundup&utm_medium=BinanceBUs&utm_campaign=MultichannelPromotion)
According to PANews, U.S. ADP employment increased by 104,000 in July, the largest increase since March, while the market expected an increase of 75,000. The June ADP employment was revised from -33,000 to -23,000.
According to Wu Shuo, the initial annualized quarter-over-quarter value for the U.S. core PCE price index in Q2 was 2.5%, higher than the expected 2.3%, and the previous value was 3.50%. The initial annualized quarter-over-quarter value for the U.S. real GDP in Q2 was 3%, expected to be 2.4%, and the previous value was -0.50%.
● [美国7月ADP就业人数增加10.4万人，高于预期](https://www.binance.com/cn/square/post/27641357398353?utm_source=NewsRoundup&utm_medium=BinanceBUs&utm_campaign=MultichannelPromotion)
According to PANews, U.S. ADP employment increased by 104,000 in July, the largest increase since March, while the market expected an increase of 75,000. The June ADP employment was revised from -33,000 to -23,000.
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The negative Coinbase premium index and the market's reaction to the disappointing Federal Reserve press conference catalyzed a "significant fluctuation" in Bitcoin prices. Key elements: * The Coinbase premium for Bitcoin turned negative after 62 consecutive days of buying. * Despite rising selling pressure and negative futures CVD, BTC remains above $115,000. The Bitcoin (BTC) Coinbase premium index has turned negative for the first time since May 29, ending a streak of 62 days of positive values. This indicator tracks the price difference between Coinbase's BTC/USD and Binance's BTC/USDT currency pairs and is typically used as a representative of U.S. spot demand. This market shift occurred after a prolonged 94-day period of continuous positive premium gaps, marking the strongest institutional demand period for Bitcoin on record. While this shift may suggest waning interest from U.S. buyers, broader market signals indicate that a more nuanced environment is forming. On-chain analyst Boris Vest noted that the buy/sell ratio for Bitcoin recipients has dropped to 0.9, indicating increased selling from market makers. Despite aggressive actions from sellers, Bitcoin's price continues to hold above $115,000, suggesting that larger passive buyers are stepping in to absorb the pressure. Meanwhile, the futures funding rate remains at a neutral 0.01, reflecting neither bullish nor bearish dominance, which means leverage is balanced and there remains the potential for greater volatility. Vest also emphasized that the cumulative volume delta (CVD) of futures continues to reflect ongoing selling pressure without causing any significant price declines. This divergence between volume and price trends indicates underlying strength and may lay the groundwork for liquidity-driven oscillations before any sustainable upward movement. Bitcoin is at a crossroads. While new spot demand appears to be cooling, there are signs that profit-taking is also gradually diminishing. The net realized profit and loss (NRPL) indicator shows no evidence of large-scale exits, and the adjusted SOPR remains well below the 1.10 threshold typically associated with market tops. These indicators suggest that investors remain confident in the current market structure and are not in a hurry to take profits. Macroeconomic conditions further support this view.
CRVUSDC
Perp
20X
Opening Long
Unrealized PNL
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Miscalculation😁
$OMNI also eats meat now, family!! At this time, we can set the guaranteed profit for the bamboo shoots, and those with large positions can take profits in batches.
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Such intelligence is worthy of Bitcoin
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Laughing to death 😂😂😂
王不爱
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I laughed so hard... It is said that a guy from Chengdu was scammed out of 6 BTC?
At the time, I saw a tweet from BTC Cong'er
I thought what kind of new high-tech scam is this
I didn't expect it to be a traditional honey trap
Male crypto friends, you are really hungry, besides exchange launchpads, what else in the crypto world is there to get for free with no cost? Even the hair-pulling party needs to interact to pass the time, just like how you chat with your sister to build an emotional connection.
At the time, I saw a tweet from BTC Cong'er
I thought what kind of new high-tech scam is this
I didn't expect it to be a traditional honey trap
Male crypto friends, you are really hungry, besides exchange launchpads, what else in the crypto world is there to get for free with no cost? Even the hair-pulling party needs to interact to pass the time, just like how you chat with your sister to build an emotional connection.
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Testicular Pain
Why do some traders need so many screens? Does it improve the win rate?
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This is how the full warehouse is
Does anyone know what this means? While sitting on the toilet, it was still changing, and the result was that the handwashing time was less than a minute, and everything was directly liquidated.
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