Stop saying stablecoins are just air! Now the President of the United States has personally stamped it, acknowledging them as the "great contributors to the dollar" 😂
The "GENIUS Act" that was quietly signed last year has recently started to take effect——
The law is clear: compliant stablecoins must hold 100% in US dollars or US Treasury bonds as reserves.
Take a moment to think about it.
What’s the brilliance in this move?
The issuer of stablecoins, which originally was just a currency issuer, is now directly forced to become a super buyer of US Treasury bonds.
Where does the money come from? Users exchange dollars for it.
Where do the dollars go? They are used to buy US Treasury bonds.
Who holds the US Treasury bonds? The US government is happy as can be.
Wow, after going around in circles, stablecoins are not the grave diggers of the dollar; instead, they have become the guardians of the dollar 🛡️
So now the government's attitude towards compliant stablecoins is particularly subtle:
They love it because it helps consolidate the dollar's hegemony;
They hate it because it has taken away business from traditional banks.
What do you think banks feel?
"I offer 0.5% interest here, while they earn 5% interest on US Treasury bonds on the chain, all the users have run away!"
But what’s the result?
The result is——compliant stablecoins have gained “official status” ✅
From now on, the crypto world will be divided into two groups:
One group is called the “compliant zone”, like USDC, RLUSD, which are pure and clean, with smooth access channels, preferred by future ETFs and traditional funds;
The other group is called the “wild zone”, um… you know who I’m talking about.
This isn’t about who is stable, it’s about who has a “long-term visa”.
👉 So I want to ask the brothers:
Do you currently hold more USDT, or more of these “identity-having” ones like USDC or RLUSD?
Is it true love for the wild zone, or have you quietly come ashore?
Let’s chat in the comments, I’m not taking sides, I just want to see the gossip 🍉
