The main target of this round of strikes should be stablecoins, which have little relation to Bitcoin.

Stablecoins are the shadow of the dollar hegemony, competing for the globalization cake of the renminbi in various fields such as finance, trade, and foreign exchange,

while stablecoins are also a major area for money laundering and tax evasion across various industries.

This time, the central government's target is likely aimed at stablecoins.