📰 Circle just said EU rules, and the EU suddenly flipped to do what?
Just a couple of days ago, Circle talked about this issue. Circle asked the EU to modify stablecoin rules, but this time the EU directly wants to scrap the existing bank deposit protection regulation. Why did Circle suddenly change its tune? In short, they want to shift the stablecoin issuance power from Europe to the United States—after all, the EU’s protection rules are too strict, and the funds on the U.S. mainland don’t really play along. One-sentence translation: International stablecoin issuers’ wishful thinking—EU bank protection rules turned into their roadblock.
Why is Circle so急? What does it mean? It means U.S. dollar hegemony is fighting European euro hegemony in the crypto space. If the stablecoin issuance power shifts away from the EU, it effectively allows U.S. institutions to bypass EU regulatory barriers and issue tokens like crazy. That’s a direct hit to the global network value of ETH. In the short term, it could make BTC look brighter under a “risk-off” sentiment boost. If large-scale capital outflows appear on the U.S. side, this assessment would be invalid. Holding above $83K is key—then we look to see whether ETH can hold firm at $2.6K. If it falls below $82.5K, the outlook is invalid. This article is not sponsored by any project. The author does not hold the assets mentioned.
$BTC $ETH #BTC #ETH
⚠️ Not investment advice; forecasts are for reference only
#SEC
Just a couple of days ago, Circle talked about this issue. Circle asked the EU to modify stablecoin rules, but this time the EU directly wants to scrap the existing bank deposit protection regulation. Why did Circle suddenly change its tune? In short, they want to shift the stablecoin issuance power from Europe to the United States—after all, the EU’s protection rules are too strict, and the funds on the U.S. mainland don’t really play along. One-sentence translation: International stablecoin issuers’ wishful thinking—EU bank protection rules turned into their roadblock.
Why is Circle so急? What does it mean? It means U.S. dollar hegemony is fighting European euro hegemony in the crypto space. If the stablecoin issuance power shifts away from the EU, it effectively allows U.S. institutions to bypass EU regulatory barriers and issue tokens like crazy. That’s a direct hit to the global network value of ETH. In the short term, it could make BTC look brighter under a “risk-off” sentiment boost. If large-scale capital outflows appear on the U.S. side, this assessment would be invalid. Holding above $83K is key—then we look to see whether ETH can hold firm at $2.6K. If it falls below $82.5K, the outlook is invalid. This article is not sponsored by any project. The author does not hold the assets mentioned.
$BTC $ETH #BTC #ETH
⚠️ Not investment advice; forecasts are for reference only
#SEC
