远山洞见
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The whole world is embracing stablecoins. Why is the domestic situation going backwards?
The whole world is embracing stablecoins. Why is the domestic situation going backwards?
The characterization on the 28th has shattered all the fantasies about stablecoins in the industry over the past few years.
On the surface, it's a regulatory policy, but in reality, it's a statement about monetary power.
The U.S. is using the (GENIUS Act) to turn stablecoins into an extension of the digital dollar. Domestically, this characterization has categorized stablecoins as illegal.
Both sides are very clear about what they are doing.
01 | "Stablecoins are a form of virtual currency."
This is not the first time virtual currency has been mentioned, but for the first time, the authorities have clearly equated stablecoins with Bitcoin and Ethereum.
The characterization on the 28th has shattered all the fantasies about stablecoins in the industry over the past few years.
On the surface, it's a regulatory policy, but in reality, it's a statement about monetary power.
The U.S. is using the (GENIUS Act) to turn stablecoins into an extension of the digital dollar. Domestically, this characterization has categorized stablecoins as illegal.
Both sides are very clear about what they are doing.
01 | "Stablecoins are a form of virtual currency."
This is not the first time virtual currency has been mentioned, but for the first time, the authorities have clearly equated stablecoins with Bitcoin and Ethereum.
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