@Calderaxyz
#Calderaxyz ERA真豪气 Stablecoins are not stocks; they are electronic cash! Those who manage banknotes should manage them!"
This means:
JPMorgan, Citigroup, and other banking giants: They can legitimately issue their own stablecoins (e.g., Morgan Coin's daily trading has exceeded 12 billion USD)
The life-and-death battle of USDT and USDC: Either comply and get licensed by the banks or roll out of the US market!
Retail investors become lambs to the slaughter: After banks take over, on-chain transfers may incur 'tolls' (referencing the doubling of cross-border remittance fees)
Bloodbath in three hours, 160,000 people were liquidated!
The night the bill passed, ETH skyrocketed past 3600 USD, but 587 million USD was liquidated on both long and short positions! A retail investor lamented: 'I placed a buy order at 3625, but it was instantly smashed down to 3550, and my leveraged position went to zero!'