๐จ Heiyan says stablecoins need to remain equivalent to bank deposits ๐ง
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- Heiyan noted that if stablecoins are to function as regulated settlement assets, they must be interchangeable with bank deposits and central bank money.
- This view was presented by Heiyan at the media briefing on the first day of the European blockchain conference.
- Regulators require stablecoins to be recognized across the entire banking system to ensure their payment functionality. ๐ฅ
- Limited convertibility of stablecoins could reduce market demand, and in the short term prices may face pressure.
- If regulation is further tightened, capital outflows are expected to accelerate, potentially triggering a wave of selloffs.
- Large whale accounts showing allocation or low-level accumulation behavior may further increase volatility.
- In the short term, market sentiment is likely bearish; a downward trend is expected, accompanied by panic-driven volatility.
- How do you think regulatory requirements will affect the long-term development of stablecoins?
- Welcome to follow us and leave a commentโletโs discuss where the market is heading together.
- #Crypto #Stablecoins #Whales #Market #Blockchain
๐ | $BTC | $ETH | $BNB |
- Follow us, like, and share your thoughts ๐
- Heiyan noted that if stablecoins are to function as regulated settlement assets, they must be interchangeable with bank deposits and central bank money.
- This view was presented by Heiyan at the media briefing on the first day of the European blockchain conference.
- Regulators require stablecoins to be recognized across the entire banking system to ensure their payment functionality. ๐ฅ
- Limited convertibility of stablecoins could reduce market demand, and in the short term prices may face pressure.
- If regulation is further tightened, capital outflows are expected to accelerate, potentially triggering a wave of selloffs.
- Large whale accounts showing allocation or low-level accumulation behavior may further increase volatility.
- In the short term, market sentiment is likely bearish; a downward trend is expected, accompanied by panic-driven volatility.
- How do you think regulatory requirements will affect the long-term development of stablecoins?
- Welcome to follow us and leave a commentโletโs discuss where the market is heading together.
- #Crypto #Stablecoins #Whales #Market #Blockchain