This is a struggle for monetary dominance between China and the United States.
Key points are as follows:
• Stablecoins have monopolized the global market, leaving little opportunity for other currencies.
• The United States is promoting stablecoin legislation to strengthen the dollar's hegemony, which may even backfire on the system itself in the future.
• There is no need for the renminbi to develop stablecoins, as the advantages are not obvious and it may undermine the sovereignty and financial security of the renminbi.
• The risks of cross-border money laundering and fraud associated with stablecoins and virtual currencies are prominent.
• China already has a globally leading mobile payment and digital renminbi system, and there is no need to follow the path of the United States.
It's Friday again, after work let's have a meal and continue to join Mr. Jin's live broadcast construction p. u. pp. ies $BTC $ETH #比特币VS代币化黄金 #美SEC推动加密创新监管 #加密市场观察
U price unexpectedly dropped below 7! The Federal Reserve's "surrender-style interest rate cut" + domestic heavy-handed regulation, has the logic in the crypto world really changed?
Today, the most frequently asked question in the live broadcast room is: "Why has U suddenly dropped?"
I just want to ask back:
Did you come to the crypto world to trade U? Aren't you here to trade coins?
ETH, which just hit the market yesterday, rose by 10%. Isn't that better than getting entangled in the exchange rate?
Last night, USDT against the RMB rarely fell below 7. Many old-timers were directly stunned: "I haven't seen it this low in so many years!" "Is the dollar about to be harvested?"
But behind this is not just a simple fluctuation in the exchange rate, but two forces are colliding head-on:
1. Is the U.S. really about to start massive interest rate cuts? The Trump faction is taking full control of the Federal Reserve.
The news is basically confirmed: Trump is preparing to remove Powell and let his confidant Haskett take over.
The goal is very simple: crazy interest rate cuts to save the economy and boost the stock market.
What does this mean?
· Market expectations have completely reversed
· The probability of a rate cut in December has soared to nearly 90%
· There may be further cuts next year
· Expectations of a weak dollar are growing stronger
· The RMB naturally strengthens passively
So, the price of U breaking 7 may just be the beginning.
2. Domestic regulation on stablecoin channels has intensified.
Recently, the regulation on behaviors such as money laundering and illegal currency exchange using stablecoins is "targeted and strikes hard."
This wave of precise strikes has directly hit the cross-border gray channels. Many people were forced to sell U to avoid risks, and the short-term supply surged, naturally causing this exchange rate.
The most confusing scene: U drops, but coins rise?
In fact, the logic is not contradictory.
· Weak dollar expectations → Global liquidity will flood again → The crypto market becomes an outlet for funds
· Regulatory crackdowns have a short-term impact on fiat channels, but do not affect on-chain sentiment
· Improved funding conditions and warming sentiment make it easier for coin prices to start
Looking back at history, before every major bull market, the price of U has experienced similar pressure phases.
The divergence between old and new investors is also magnified at this time:
· Newcomers panic: "Is U going to be harvested?"
· Old-timers are calm: "It's always like this on the eve of a bull market. The drop in U is actually an opportunity."
Some have even begun to position themselves:
Buy U at a low price, wait for the exchange rate to rebound to 7.3 - 7.5 and then exchange back, picking up a price difference for free.
$BTC $ETH After just finishing work tonight, I can't sleep without checking the live stream to see my brothers. This is the enthusiasm built by the meme little puppy. If you're interested, you can come to the evening live stream to have a look 晚间直播间入口
🔥🔥Wow! The Federal Reserve Chairman might change! A close ally of Trump just made a statement!
White House National Economic Council Director Hassett directly stated If Trump nominates him as the Federal Reserve Chairman He will take it immediately! Without hesitation!🎯
This guy is not an ordinary person He has always been a key figure around Trump Now making such a high-profile statement It seems he has been well prepared!💎
Bros all understand Who the Federal Reserve Chairman is Directly affects how interest rates will move next This is a major issue that relates to the rise and fall of our crypto market!📈
Will Trump really let him take the position? If this person really becomes the chairman Is it a blessing or a curse for cryptocurrencies? Those who understand, comment below!👇 #加密市场反弹 $SOL $XRP $ZEC