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Why did China 'ban' stablecoins? Behind it is a higher-dimensional currency war.
The topic of stablecoins has been hot recently.
• USA: Implementation in July 2025 (GENIUS Act) - signed by Trump, clarifying that stablecoins are non-securities assets, requiring 1:1 reserves in USD/short-term US Treasury bonds, prohibiting interest payments, providing legal protection for compliant issuance.
• Hong Kong: Release on August 1, 2025 (Stablecoin Regulations) - the world's first fiat stablecoin licensing system, requiring licensed operations, 100% high liquidity reserves, regular audits, attracting tech giants like Ant Group and JD.com to apply for licenses.
• EU: Full implementation of MiCA regulation - establishes regulatory standards for stablecoins, requiring issuers to have sufficient capital and risk management capabilities, providing compliance guidelines for the industry.
• USA: Implementation in July 2025 (GENIUS Act) - signed by Trump, clarifying that stablecoins are non-securities assets, requiring 1:1 reserves in USD/short-term US Treasury bonds, prohibiting interest payments, providing legal protection for compliant issuance.
• Hong Kong: Release on August 1, 2025 (Stablecoin Regulations) - the world's first fiat stablecoin licensing system, requiring licensed operations, 100% high liquidity reserves, regular audits, attracting tech giants like Ant Group and JD.com to apply for licenses.
• EU: Full implementation of MiCA regulation - establishes regulatory standards for stablecoins, requiring issuers to have sufficient capital and risk management capabilities, providing compliance guidelines for the industry.
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【Myth of Getting Rich vs. Blood and Tears of Liquidation】19 million dollars turned to ashes, ZEC whale's desperate shorting full record! Meanwhile, BTC and XRP, which are brewing undercurrents, are preparing for a financial nuclear explosion 💥
This is definitely the most brutal long-short showdown in the crypto world! A Hyperliquid whale, when ZEC surged to a historical high of 738 dollars, stubbornly held 60,000 ZEC short positions, with unrealized losses soaring over 19 million dollars. Even with cutting losses and reducing positions, the liquidation line still hangs high at 1108 dollars—this is a case of 'death perseverance' that will be written into textbooks.
Even more dramatic, the UK High Court recently revealed the 'digital blind box' of the main suspect in the 60,000 BTC money laundering case, Qian Zhiming. In addition to the seized bitcoins, it actually concealed 67 million pounds of BTC and XRP! As privacy coins ZEC and DASH face the EU's 2027 ban, this war of regulation and freedom is pushing ZEC towards the cliff of 'getting rich or going to zero'.
The XRP community is wildly spreading predictions of '700-1000 dollars', with a CEO betting 180,000 dollars on XRP hitting 750 dollars. Although the current price is only 2.3 dollars, if true, it would soar by 30,000%! Is this faith or fantasy?
🚨 Key nodes have been locked in:
👉 ZEC whale position address: 0xd475…1A91, the entire network is watching for liquidation
👉 The UK court is hearing the disposal of 60,000 BTC today, potentially igniting the market
👉 Countdown to the EU's privacy coin ban, ZEC faces final judgment
Now, do you think ZEC shorts will lose everything, or will there be a desperate counterattack? Can XRP really surge to 1000 dollars and become the next Bitcoin? Share your views in the comments, and let's witness history together!
$BTC $ZEC $XRP #巨鲸爆仓 #禁令
This is definitely the most brutal long-short showdown in the crypto world! A Hyperliquid whale, when ZEC surged to a historical high of 738 dollars, stubbornly held 60,000 ZEC short positions, with unrealized losses soaring over 19 million dollars. Even with cutting losses and reducing positions, the liquidation line still hangs high at 1108 dollars—this is a case of 'death perseverance' that will be written into textbooks.
Even more dramatic, the UK High Court recently revealed the 'digital blind box' of the main suspect in the 60,000 BTC money laundering case, Qian Zhiming. In addition to the seized bitcoins, it actually concealed 67 million pounds of BTC and XRP! As privacy coins ZEC and DASH face the EU's 2027 ban, this war of regulation and freedom is pushing ZEC towards the cliff of 'getting rich or going to zero'.
The XRP community is wildly spreading predictions of '700-1000 dollars', with a CEO betting 180,000 dollars on XRP hitting 750 dollars. Although the current price is only 2.3 dollars, if true, it would soar by 30,000%! Is this faith or fantasy?
🚨 Key nodes have been locked in:
👉 ZEC whale position address: 0xd475…1A91, the entire network is watching for liquidation
👉 The UK court is hearing the disposal of 60,000 BTC today, potentially igniting the market
👉 Countdown to the EU's privacy coin ban, ZEC faces final judgment
Now, do you think ZEC shorts will lose everything, or will there be a desperate counterattack? Can XRP really surge to 1000 dollars and become the next Bitcoin? Share your views in the comments, and let's witness history together!
$BTC $ZEC $XRP #巨鲸爆仓 #禁令
XRP
Holding
Cumulative PNL
+1,056.53 USDT
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