passion fruit2017

Big Drop

$XRP Harvest time has come again

Walk little by little, not all at once

$XRP If you want to go, it's best to go quickly now.

Those who successfully sold $XRP last night, pay attention as there will be more harvesting in the coming weeks 🥳 and you can buy at a discount again.

$XRP will only continue to rise, it will not fall significantly again. Today's high will be tomorrow's low.

Are you still waiting?

Big Cow is here🥳

Already started rising🚀

Do you really believe it? 😂

Buying and holding is just that, not knowing when it will truly appreciate.
Many people are trying to sell for a good price.
They keep promoting that it will skyrocket.
In fact, they are just luring people in while they sell off their own.

This world really doesn't have a way to get rich overnight.
Wake up.

According to your intention, now is the time to sell, and you will profit 👍🏻

#美国稳定币法案

Registration and Regulatory Mechanism:

• Unified Registration System: Specific requirements include:

• Registration System: Issuers must register with the Federal Reserve to become federally recognized stablecoin issuing institutions. The Federal Reserve has the authority to approve, deny, or revoke registrations, especially in cases of systemic risk.

• Regulatory Content: The Federal Reserve conducts ongoing reviews of issuers' reserve structures, capital ratios, solvency, risk management policies, etc., ensuring that reserve assets are high-quality liquid assets (such as cash, short-term government bonds, Federal Reserve deposits) and cannot be used for lending or high-risk investments.

• Diverse Compliance Paths: The bill establishes multiple compliance paths for different types of institutions, including federally recognized payment stablecoin issuing institutions, licensed bank issuers, and state-licensed institutions, although the latter must accept federal registration and supervision.

• Transparency and Auditing: Issuers are required to regularly disclose reserve asset information, undergo independent audits, and provide regulatory reports to ensure reserves are sufficient and accurate. This unified registration and ongoing review mechanism aims to prevent inaccurate reserves, credit crises, and systemic risks, reinforcing the legitimacy and financial stability of dollar stablecoins.

Prohibition of Interest-Bearing Stablecoins:

• The bill prohibits stablecoins from paying interest to users to prevent them from being considered securities, with violators facing hefty fines.

Although paying interest to users is prohibited, stablecoin issuers may retain the earnings generated from their reserve assets.

#稳定币日常支付

1. Payment Advantages
• Stablecoin payments are based on a blockchain peer-to-peer network, independent of traditional banks, bypassing intermediaries, resulting in extremely low transaction costs. For example, the cross-border transfer fee for USDT is as low as $0.1, while traditional bank wire transfers typically cost $30-50 and take several days, whereas stablecoin payment confirmation takes only a few seconds to a few minutes.
• Price stability, usually pegged 1:1 to fiat currencies like the US dollar, with very low volatility (within ±0.5%), making it suitable for daily transactions and merchant receipts, avoiding the high volatility risks of cryptocurrencies.
2. Financial Inclusion
• Anyone with internet access and a digital wallet can use stablecoin payments, greatly lowering the financial entry barrier, especially in regions like Africa, Southeast Asia, and Latin America, helping unbanked populations access payment and deposit services.
3. Cross-Border Payment Efficiency
• Stablecoins achieve real-time settlement, with low payment costs, reducing cross-border payment time from several days to a few minutes, and supporting 7-day round-the-clock transactions.
• Businesses use stablecoins to simplify invoicing and payment processes, enhance overall financial efficiency, manage multi-currency cash flows, and facilitate payments for international employees and suppliers.
4. Security and Transparency
• Blockchain technology ensures transactions are auditable and verifiable, with self-custody of funds, enhancing payment security and transparency.
• For example, institutional-grade stablecoins like JPM Coin leverage blockchain technology to enable instant transfers and payments between enterprises, improving transaction speed and security.
5. Cost Reduction and Market Scale
• Transaction costs have significantly decreased due to upgrades in blockchain infrastructure, with some on-chain transaction fees as low as a few cents or even lower, reducing the usage threshold.
• In the second quarter of 2024, stablecoin transaction volume reached $85 trillion, with over 1.1 billion transactions, double the transaction volume of VISA during the same period, demonstrating its significant position in digital payments.
6. Development Trends and Challenges
• Stablecoins are becoming the foundation of digital payments, driving a new era of borderless finance, but attention still needs to be paid to regulatory compliance and financial transparency issues.
• The combination of Central Bank Digital Currencies (CBDCs) and multilateral digital currency bridges may further enhance the capacity and stability of stablecoins in cross-border payments.
In summary, stablecoins are gradually reconstructing the traditional payment system with core advantages of low cost, high efficiency, price stability, and global inclusiveness in everyday payments.

Actually... you just need to read the numbers 1-10 smoothly 🤷🏻‍♂️ and you can call yourself an expert 😂

You said: Could it become the next OM?

#美国加征关税

Background and Impact of U.S. Tariffs
Background and Purpose
The primary purpose of U.S. tariffs is to address the trade deficit issue, protect domestic industries, increase fiscal revenue, and improve trade balance.
Relationship Between Exchange Rates and Tariffs
There is a 'seesaw' effect between tariffs and exchange rates. Tariffs may lead to an increase in the prices of imported goods, but if the exporting country's currency depreciates, the dollar price of imported goods may remain stable or decline.
Dollar Depreciation Strategy
Using dollar depreciation to enhance the competitiveness of U.S. manufacturing carries risks, as it may cause foreign investors to lose confidence in dollar assets.
Interest Rates and Monetary Policy
The Federal Reserve's interest rate cuts are typically aimed at stimulating economic growth. After other countries cut rates, the U.S. may follow suit to maintain economic competitiveness, but this depends on its own economic conditions.
Impact of Federal Reserve Rate Cuts on the Dollar Exchange Rate
1. Dollar Depreciation: Federal Reserve rate cuts may lead to dollar depreciation, especially when the dollar is overvalued.
2. Capital Flow: Rate cuts increase dollar liquidity, leading capital to flow into high-yield assets, which may exacerbate exchange rate volatility.
3. Global Economic Impact: Increased dollar liquidity may benefit the world economy in the short term, but in the medium to long term, it may bring financial market volatility and inflation risks.
Impact of Tariffs on the Dollar Exchange Rate
Tariffs may lead to a short-term strengthening of the dollar, but in the long term, it may weaken due to retaliatory tariffs and recession risks. The dollar index recently fell below the 100 mark, reflecting global investors' concerns about uncertainty in U.S. policy.

$ETH

Has anyone actually thought about the fact that ETH has an unlimited ♾️ supply, which actually has no bottom, and the community management is chaotic, even Vitalik doesn’t pay attention 🤔
What’s the point of holding on?

While there’s still time, hurry up and escape.

Everyone hurry and escape, there is another wave of a big drop

Excuse me, where is this stablecoin manufactured?🤔