稳定币
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💸 126 million USDT flows into Bitfinex!
According to Whale Alert monitoring:
· 126 million USDT transferred from an unknown wallet to Bitfinex
Large amounts of stablecoins flowing into exchanges are often seen as potential buying signals—are the whales stocking up?
#USDT #Bitfinex. #巨鲸动向 #稳定币
According to Whale Alert monitoring:
· 126 million USDT transferred from an unknown wallet to Bitfinex
Large amounts of stablecoins flowing into exchanges are often seen as potential buying signals—are the whales stocking up?
#USDT #Bitfinex. #巨鲸动向 #稳定币
Regulatory Heavyweight: The White House and the Senate Reach a Principled Agreement on "Stablecoin Yields"
Today, the U.S. cryptocurrency legislative process has delivered an epic positive development that directly concerns the future of DeFi and the payment sector.
Senators Thom Tillis and Angela Alsobrooks have reached an agreement with the White House on the core provisions of the "Cryptocurrency Market Structure Bill."
The agreement will prohibit cryptocurrency companies from paying interest on stablecoins in the form of "bank-like deposits," but it leaves significant operational space for compliant "payment-type stablecoins." This is seen as the last hurdle for the compliance of stablecoins and their integration into the mainstream financial system.
#稳定币
Today, the U.S. cryptocurrency legislative process has delivered an epic positive development that directly concerns the future of DeFi and the payment sector.
Senators Thom Tillis and Angela Alsobrooks have reached an agreement with the White House on the core provisions of the "Cryptocurrency Market Structure Bill."
The agreement will prohibit cryptocurrency companies from paying interest on stablecoins in the form of "bank-like deposits," but it leaves significant operational space for compliant "payment-type stablecoins." This is seen as the last hurdle for the compliance of stablecoins and their integration into the mainstream financial system.
#稳定币
USD1: Multi-chain expansion potential maximized, a new growth pole in the stablecoin sector
The stablecoin market has never lacked new players, but projects that can stand firm with solid growth data are truly worth long-term attention. USD1 is such a high-quality asset that, with precise market strategies and multi-chain layouts, quickly opens up growth space. From recent on-chain data, its expansion speed and potential have completely exceeded the market's general expectations.
After watching Yu Jin @EmberCN's tweet, I learned that from the end of January, before the Binance financial management activity started, the total supply of USD1 has skyrocketed from $3.3 billion to $4.4 billion, with a net increase of $1.1 billion in a short period. This level of growth is already a top-tier performance in the stablecoin sector. More importantly, this $1.1 billion increase is not evenly distributed but has a clear strategic tilt, breaking many people's inherent perception that it 'only focuses on BSC.'
After watching Yu Jin @EmberCN's tweet, I learned that from the end of January, before the Binance financial management activity started, the total supply of USD1 has skyrocketed from $3.3 billion to $4.4 billion, with a net increase of $1.1 billion in a short period. This level of growth is already a top-tier performance in the stablecoin sector. More importantly, this $1.1 billion increase is not evenly distributed but has a clear strategic tilt, breaking many people's inherent perception that it 'only focuses on BSC.'
Is a 20% drop a golden opportunity? I'm betting Circle can double this time!
Panicking over a 20% drop? I see it as the heavens sending money our way.
Circle has plummeted terribly these past two days, crashing 20% in just one day on Tuesday, all due to that (CLARITY Act) causing trouble. Many people are asking, can we still hold this stock?
My answer is very straightforward: yes, and now might be the opportunity to get on board.
Don't be in a hurry to criticize me, let me explain why.
Many people see that the bill restricts interest distribution and think Circle is doomed. But think about it, are people really using USDC just for that little bit of interest? To put it simply, what's the biggest selling point of stablecoins? It's fast transfers, low fees, and global usability. If you keep money in a bank's savings account, you only get 0.07% interest a year, yet I haven't seen anyone take all their money out to stuff it under their pillows. Convenience is the hard truth, and interest is just the icing on the cake.
Circle has plummeted terribly these past two days, crashing 20% in just one day on Tuesday, all due to that (CLARITY Act) causing trouble. Many people are asking, can we still hold this stock?
My answer is very straightforward: yes, and now might be the opportunity to get on board.
Don't be in a hurry to criticize me, let me explain why.
Many people see that the bill restricts interest distribution and think Circle is doomed. But think about it, are people really using USDC just for that little bit of interest? To put it simply, what's the biggest selling point of stablecoins? It's fast transfers, low fees, and global usability. If you keep money in a bank's savings account, you only get 0.07% interest a year, yet I haven't seen anyone take all their money out to stuff it under their pillows. Convenience is the hard truth, and interest is just the icing on the cake.
$USDC $USDT $BTC #稳定币
#稳定币法案 #u商 #OTC 2 On June 6th, eight departments of the central bank jointly issued Document No. 42.
This document has blocked the front door for our grassroots people to rise in wealth with the lowest threshold, the simplest, and the easiest way!
It has closed the path of the only major trend that does not require connections, educational qualifications, skills, or resources.
Moreover, off-exchange OTC has also been completely outlawed. U merchants should not harbor any delusions. [Stunned] You absolutely must not touch this. Personal withdrawals are also very dangerous; the larger the funds, the higher the risk. Withdrawing funds is illegal, which means fewer and fewer people are trading cryptocurrencies domestically. U merchants are very easy to get caught; once caught, even individuals who have traded with them will be investigated as accomplices and face sentencing, which means that no matter how much money is made from trading cryptocurrencies, there is no way to withdraw it and spend it domestically. Even if you have a safe way to withdraw funds, carrying cash cannot be used for large purchases, and having cash still means living a poor life.
Most people in the circle should listen to what Munger said:
If I knew where I would die, I would never go there.
#稳定币法案 #u商 #OTC 2 On June 6th, eight departments of the central bank jointly issued Document No. 42.
This document has blocked the front door for our grassroots people to rise in wealth with the lowest threshold, the simplest, and the easiest way!
It has closed the path of the only major trend that does not require connections, educational qualifications, skills, or resources.
Moreover, off-exchange OTC has also been completely outlawed. U merchants should not harbor any delusions. [Stunned] You absolutely must not touch this. Personal withdrawals are also very dangerous; the larger the funds, the higher the risk. Withdrawing funds is illegal, which means fewer and fewer people are trading cryptocurrencies domestically. U merchants are very easy to get caught; once caught, even individuals who have traded with them will be investigated as accomplices and face sentencing, which means that no matter how much money is made from trading cryptocurrencies, there is no way to withdraw it and spend it domestically. Even if you have a safe way to withdraw funds, carrying cash cannot be used for large purchases, and having cash still means living a poor life.
Most people in the circle should listen to what Munger said:
If I knew where I would die, I would never go there.
#银行 changes in regulations, #稳定币 enters the core system!
A message that many people did not understand——
#coinbase CEO said,
Major banks are integrating stablecoins.
Did you think this was just a technical upgrade?
Wrong, this is a transformation of the financial system.
What were banks for before?
Controlling funds, controlling transfers, controlling settlements.
And now?
They are starting to use blockchain, using stablecoins,
to do the same things—but faster and more transparently.
What does this mean?
Cryptocurrency is no longer “against banks,” but is being used by banks.
You thought it was a revolution, but it’s actually a fusion.
In plain language:
When banks start using it, if you're still questioning and waiting for it, then you’re already late!
#特朗普希望尽快结束对伊朗战争 #美国加密法案再次遇阻
$BNB
A message that many people did not understand——
#coinbase CEO said,
Major banks are integrating stablecoins.
Did you think this was just a technical upgrade?
Wrong, this is a transformation of the financial system.
What were banks for before?
Controlling funds, controlling transfers, controlling settlements.
And now?
They are starting to use blockchain, using stablecoins,
to do the same things—but faster and more transparently.
What does this mean?
Cryptocurrency is no longer “against banks,” but is being used by banks.
You thought it was a revolution, but it’s actually a fusion.
In plain language:
When banks start using it, if you're still questioning and waiting for it, then you’re already late!
#特朗普希望尽快结束对伊朗战争 #美国加密法案再次遇阻
$BNB
VoLoDyMyR7:
+1 в копілку корисних постів.✅️👍🔥
【Cyberbit】New Phase of Stablecoins in North America: From Crypto Tool to Financial Infrastructure
$BNB $XRP
#稳定币 #Stablecoins #freedomofmoney
This episode focuses on Coindesk's research on the landscape of stablecoins in North America, dissecting how stablecoins have evolved from being native crypto tools to becoming financial infrastructure in payments, settlements, treasury management, and cross-border flows. We will focus on regulatory compliance, market share changes, and North America's core position in this round of stablecoin competition. Why have stablecoins entered the 'institutional' phase in North America, and how are compliance, transparency, and regulation reshaping the competitive landscape? What does the growth of stablecoins in North America mean for finance and policy?
💵💵💵
$BNB $XRP
#稳定币 #Stablecoins #freedomofmoney
This episode focuses on Coindesk's research on the landscape of stablecoins in North America, dissecting how stablecoins have evolved from being native crypto tools to becoming financial infrastructure in payments, settlements, treasury management, and cross-border flows. We will focus on regulatory compliance, market share changes, and North America's core position in this round of stablecoin competition. Why have stablecoins entered the 'institutional' phase in North America, and how are compliance, transparency, and regulation reshaping the competitive landscape? What does the growth of stablecoins in North America mean for finance and policy?
💵💵💵
$20 billion suddenly on hold! What is Tether up to this time?
The leader of stablecoins, holding hundreds of billions of dollars, suddenly hit the pause button on the financing plan. This matter is not that simple!
I just saw the news, Tether originally planned to raise $20 billion, but now it has suddenly been put on hold. To put it simply, they are waiting for the first comprehensive financial audit results to come out before proceeding. People in the industry all know that this time, investors and banks have been urging, saying "you need to show us the books before we feel secure".
To be honest, this is actually a good signal. Tether has been criticized for many years for its lack of transparency, and this time they are actively waiting for the audit results before refinancing, which indicates that they are starting to take this matter seriously. Just think about it, with a platform handling hundreds of billions every day, who would dare to put their money in? Now they are willing to lay their cards on the table, which is a good thing for the entire industry. $20 billion is not a small amount; once the audit report comes out, if there are no issues, it is expected to trigger another wave of major actions.
I just saw the news, Tether originally planned to raise $20 billion, but now it has suddenly been put on hold. To put it simply, they are waiting for the first comprehensive financial audit results to come out before proceeding. People in the industry all know that this time, investors and banks have been urging, saying "you need to show us the books before we feel secure".
To be honest, this is actually a good signal. Tether has been criticized for many years for its lack of transparency, and this time they are actively waiting for the audit results before refinancing, which indicates that they are starting to take this matter seriously. Just think about it, with a platform handling hundreds of billions every day, who would dare to put their money in? Now they are willing to lay their cards on the table, which is a good thing for the entire industry. $20 billion is not a small amount; once the audit report comes out, if there are no issues, it is expected to trigger another wave of major actions.
#美国加密法案再次遇阻
Is the U.S. crypto regulation turning yellow?! The bill endorsed by the president is stuck to death, surprisingly due to a feud between banks and the crypto circle over "this little matter"💢
Can stablecoins provide returns? It has become Washington's biggest deadlock—banks fear that $500 billion in deposits will be withdrawn, and are toughly prohibiting it; the crypto circle cries out, "Our reserves are stricter than banks, why can't we roll out payments?"
The White House's compromise plan was directly rejected, and the probability of the bill passing dropped from 80% to 50%, with only a 7% chance of passing before May! If this window is missed, will there be no clear regulation for the crypto circle in 2026?
Do you think banks are truly protecting the financial system, or merely safeguarding their own territory? Should the crypto circle concede returns for regulation, or stand firm till the end?
#美国加密法案再次遇阻 #稳定币 #加密监管
Is the U.S. crypto regulation turning yellow?! The bill endorsed by the president is stuck to death, surprisingly due to a feud between banks and the crypto circle over "this little matter"💢
Can stablecoins provide returns? It has become Washington's biggest deadlock—banks fear that $500 billion in deposits will be withdrawn, and are toughly prohibiting it; the crypto circle cries out, "Our reserves are stricter than banks, why can't we roll out payments?"
The White House's compromise plan was directly rejected, and the probability of the bill passing dropped from 80% to 50%, with only a 7% chance of passing before May! If this window is missed, will there be no clear regulation for the crypto circle in 2026?
Do you think banks are truly protecting the financial system, or merely safeguarding their own territory? Should the crypto circle concede returns for regulation, or stand firm till the end?
#美国加密法案再次遇阻 #稳定币 #加密监管
Subsequent measures must be taken to guard against small countries issuing #稳定币 , which may be related to pyramid schemes or fraud groups, and then claiming it is endorsed by the state!!!
Be sure to pay attention to financial safety.
The Vietnamese Ministry of Public Security has arrested several suspects related to the cryptocurrency platform #ONUS , accusing them of issuing and promoting tokens such as #VNDC , ONUS, #HNG through the Onus platform, using false advertising and collaborative trading to manipulate supply, demand, and prices, thereby illegally appropriating investors' funds. The police stated that this group exercised highly concentrated control over the relevant token market, raising funds amounting to billions of dollars, but did not disclose specific losses. Named suspects include Vuong Le Vinh Nhan, associated with ONUS Pro's Singapore parent company #XPLOR , ONUS exchange technical administrator Tran Quang Chien, and HanaGold Jewelry JSC head Ngo Thi Thao. The Vietnamese police have carried out operations in multiple locations, summoning over 140 people and seizing related evidence. ONUS and its parent company Vemanti have yet to release detailed information about the case. $BTC $USDC
Be sure to pay attention to financial safety.
The Vietnamese Ministry of Public Security has arrested several suspects related to the cryptocurrency platform #ONUS , accusing them of issuing and promoting tokens such as #VNDC , ONUS, #HNG through the Onus platform, using false advertising and collaborative trading to manipulate supply, demand, and prices, thereby illegally appropriating investors' funds. The police stated that this group exercised highly concentrated control over the relevant token market, raising funds amounting to billions of dollars, but did not disclose specific losses. Named suspects include Vuong Le Vinh Nhan, associated with ONUS Pro's Singapore parent company #XPLOR , ONUS exchange technical administrator Tran Quang Chien, and HanaGold Jewelry JSC head Ngo Thi Thao. The Vietnamese police have carried out operations in multiple locations, summoning over 140 people and seizing related evidence. ONUS and its parent company Vemanti have yet to release detailed information about the case. $BTC $USDC
Circle rebounds violently after the plunge! Some people panic sold, while others quietly bottom-fished $16.5 million!
On Wednesday, Circle's stock price climbed out of the pit.
The recent plunge was shocking — the proposed U.S. legislation aims to ban stablecoin yields, and platforms like Coinbase may directly delist USDC-related services, causing the market to panic and plummet nearly 30%.
Some people panic sold, while others were buying like crazy.
Ark Invest directly invested $16.5 million, buying 161,000 shares of Circle stock. Do you think they are gambling? No, they are betting on a common sense: the regulatory moat of USDC is much wider than that of USDT.
Analysts from Clear Street and Bernstein also came out to say: Don't panic, this bill isn't that scary. The compliance advantage of USDC is still there; it may be a short-term negative, but in the long term, it's actually an opportunity for reshuffling.
The recent plunge was shocking — the proposed U.S. legislation aims to ban stablecoin yields, and platforms like Coinbase may directly delist USDC-related services, causing the market to panic and plummet nearly 30%.
Some people panic sold, while others were buying like crazy.
Ark Invest directly invested $16.5 million, buying 161,000 shares of Circle stock. Do you think they are gambling? No, they are betting on a common sense: the regulatory moat of USDC is much wider than that of USDT.
Analysts from Clear Street and Bernstein also came out to say: Don't panic, this bill isn't that scary. The compliance advantage of USDC is still there; it may be a short-term negative, but in the long term, it's actually an opportunity for reshuffling.
USD1 This wave of liquidity is indeed a bit strange, with a market value ranking only sixth, yet the 24-hour trading volume surprisingly escalates to third place.
On-chain observation shows that this turnover rate is absurdly high, basically relying on Binance to "force-feed" it. A 20% annualized return on investment directly attracts arbitrage dogs and professional market makers alike, and coupled with the push from mainstream trading pairs, it's no wonder the trading volume rises.
This "old money" strategy is very clear: first, throw in money to buy resources and pull liquidity, then forcibly push for positions. It resembles the method used by the Trump family to manage stablecoins. However, this prosperity built on subsidies may leave behind a mess once the incentives fade.
How long can this high turnover be sustained? Do people think it can challenge the status of the big brothers?
1 #稳定币 $BNB
On-chain observation shows that this turnover rate is absurdly high, basically relying on Binance to "force-feed" it. A 20% annualized return on investment directly attracts arbitrage dogs and professional market makers alike, and coupled with the push from mainstream trading pairs, it's no wonder the trading volume rises.
This "old money" strategy is very clear: first, throw in money to buy resources and pull liquidity, then forcibly push for positions. It resembles the method used by the Trump family to manage stablecoins. However, this prosperity built on subsidies may leave behind a mess once the incentives fade.
How long can this high turnover be sustained? Do people think it can challenge the status of the big brothers?
1 #稳定币 $BNB
On March 24, the stablecoin market collapsed.
It's not a slow decline; it's a direct crash.
Circle's stock price plummeted nearly 20% in one day, the worst day since its listing.
Coinbase followed suit, dropping nearly 10%.
Who do you think has collapsed again?
No.
This time there are two pieces of news that have stunned the entire market.
First item: Tether is finally going to conduct a full audit.
The Big Four accounting firms have come in and signed a complete financial statement audit contract.
In the past, USDT has always been criticized for being "opaque," and USDC has leveraged this to suppress it for several years.
Now it's good, Tether has directly bridged this gap.
Second item: The new law has arrived.
Circle's stock price plummeted nearly 20% in one day, the worst day since its listing.
Coinbase followed suit, dropping nearly 10%.
Who do you think has collapsed again?
No.
This time there are two pieces of news that have stunned the entire market.
First item: Tether is finally going to conduct a full audit.
The Big Four accounting firms have come in and signed a complete financial statement audit contract.
In the past, USDT has always been criticized for being "opaque," and USDC has leveraged this to suppress it for several years.
Now it's good, Tether has directly bridged this gap.
Second item: The new law has arrived.
The interest dispute between banks and stablecoins
is a compromise solution
The final compromise is: to allow reward programs based on user stablecoin $USD1 $USDC $USDT activities, but not to allow rewards based on balances
In simple terms, it prohibits paying similar deposit interest earnings due to holding #稳定币 , but allows rewards linked to active behaviors such as consumption and transfers, to prevent stablecoins from siphoning off deposits from traditional banks
Overall, from the previous prohibition to now opening a window, in the long run, this is a significant change for the market
#CZ称比特币是硬资产 #生息 #生息稳定币
领红包10k
is a compromise solution
The final compromise is: to allow reward programs based on user stablecoin $USD1 $USDC $USDT activities, but not to allow rewards based on balances
In simple terms, it prohibits paying similar deposit interest earnings due to holding #稳定币 , but allows rewards linked to active behaviors such as consumption and transfers, to prevent stablecoins from siphoning off deposits from traditional banks
Overall, from the previous prohibition to now opening a window, in the long run, this is a significant change for the market
#CZ称比特币是硬资产 #生息 #生息稳定币
领红包10k
I just saw the news from ZachXBT, the Iranian exchange Wallex is completely finished, hit precisely by Circle and Tether joining forces, the wallet address is directly frozen. Although the exchange reacted quite quickly, trying to move assets through multi-chain bridges to BSC for risk aversion, over two million dollars are still stuck halfway, caught in a dilemma.
This kind of targeted bombing under geopolitical conditions has become the norm. Under compliance pressure, USDT and USDC, which have always been on the same side, acted in unison. From on-chain data, the concentrated transfer of assets by the exchange is too obvious, typical small actions were caught on the spot. This also proves once again that, in front of the centralized stablecoin giants, so-called asset ownership is actually conditional; there is no refuge outside the iron fist of regulation.
This centralized power that easily blocks wallets, do people think it is an inevitable path for industry compliance, or does it go against the original intention of blockchain? #Wallex #ZachXBT #CryptoRegulation #稳定币 $BNB
This kind of targeted bombing under geopolitical conditions has become the norm. Under compliance pressure, USDT and USDC, which have always been on the same side, acted in unison. From on-chain data, the concentrated transfer of assets by the exchange is too obvious, typical small actions were caught on the spot. This also proves once again that, in front of the centralized stablecoin giants, so-called asset ownership is actually conditional; there is no refuge outside the iron fist of regulation.
This centralized power that easily blocks wallets, do people think it is an inevitable path for industry compliance, or does it go against the original intention of blockchain? #Wallex #ZachXBT #CryptoRegulation #稳定币 $BNB
callmesae187:
check my pinned post and claim your free red package and quiz in USTD🎁🎁
March 25, 2026: US stock $CRCL (4H)
The yellow point is viewed as a pullback against the rise towards 49.9, and there are still no signs of a stop in the small scale. Support is 83.05, and resistance is 113.31. Only breaking through the resistance may delay the decline, and after the pullback ends, it will continue to rise. #美国暂缓攻击伊朗发电站 #稳定币
The yellow point is viewed as a pullback against the rise towards 49.9, and there are still no signs of a stop in the small scale. Support is 83.05, and resistance is 113.31. Only breaking through the resistance may delay the decline, and after the pullback ends, it will continue to rise. #美国暂缓攻击伊朗发电站 #稳定币
From the ruins of FTX to the peak of $17 billion: Solana has won the data, but can it win the ultimate end of this 'credit war'?
In the subtle changes of global liquidity in 2026, the stablecoin market is undergoing a structural power handover. On March 19, the supply of stablecoins on the Solana chain officially crossed the historic threshold of $17 billion. This figure not only refreshed Solana's network record but also marked a magnificent transformation from a 'speculative hotbed' to an 'internet capital market' in the ruins of the post-FTX era.
This steep recovery curve records three key spans of Solana climbing from a low of $1.5 billion to where it is today. Initially, it was driven by endogenous recovery led by native protocols like Jupiter in 2024; then in the first half of 2025, a liquidity resonance triggered by the explosion of political Meme coins like TRUMP caused the scale to soar by 2.4 times in just four months; and now, we are in the most crucial phase: the dividend period of compliance and institutionalization.
This steep recovery curve records three key spans of Solana climbing from a low of $1.5 billion to where it is today. Initially, it was driven by endogenous recovery led by native protocols like Jupiter in 2024; then in the first half of 2025, a liquidity resonance triggered by the explosion of political Meme coins like TRUMP caused the scale to soar by 2.4 times in just four months; and now, we are in the most crucial phase: the dividend period of compliance and institutionalization.
Circle is sending a clear signal to the European Union:
If we want to truly promote the implementation of on-chain financial infrastructure, we cannot only regulate asset issuance, but also reform the settlement system simultaneously.
According to the latest disclosed information, Circle has submitted feedback to the European Commission, calling for the acceleration of regulatory reforms for Distributed Ledger Technology (DLT) and the expansion of the use of stablecoins in securities settlement. Its core recommendations include:
• Expanding the asset scope of DLT pilot systems
• Increasing transaction size limits
• Allowing stablecoins compliant with MiCA to be used for cash settlement
• Allowing crypto service providers, not just banks and central securities depositories, to offer settlement accounts
The logic behind this is actually very clear.
If on-chain securities, on-chain bonds, on-chain funds, and other assets are to truly form a market, it is not enough to rely solely on "asset on-chain"; settlement funds must also be on-chain. Otherwise, assets are on-chain, but cash remains in the traditional settlement track, ultimately creating an efficiency divide.
Circle's appeal is essentially pushing for a more complete upgrade of the financial market structure:
Not just to make stablecoins payment tools, but to further enable them to become compliant financial settlement tools.
If the EU really accepts such recommendations in the future, the impact will be far-reaching:
• The role of stablecoins will upgrade from "on-chain dollar alternatives" to "securities settlement infrastructure"
• Institutional adoption thresholds may further decrease
• Certain settlement stages monopolized by banks and infrastructure institutions in traditional finance may be redefined
• Europe has the opportunity to take the lead globally in the integration of on-chain securities and stablecoin settlement
This also indicates an increasingly clear trend:
In the future, competition among stablecoins will not only be about issuance scale and payment scenarios but also about the ability to enter mainstream financial settlement layers.
Do you think stablecoins will first become payment tools or first become securities settlement tools? #稳定币 #链上资产 #欧盟加密货币
If we want to truly promote the implementation of on-chain financial infrastructure, we cannot only regulate asset issuance, but also reform the settlement system simultaneously.
According to the latest disclosed information, Circle has submitted feedback to the European Commission, calling for the acceleration of regulatory reforms for Distributed Ledger Technology (DLT) and the expansion of the use of stablecoins in securities settlement. Its core recommendations include:
• Expanding the asset scope of DLT pilot systems
• Increasing transaction size limits
• Allowing stablecoins compliant with MiCA to be used for cash settlement
• Allowing crypto service providers, not just banks and central securities depositories, to offer settlement accounts
The logic behind this is actually very clear.
If on-chain securities, on-chain bonds, on-chain funds, and other assets are to truly form a market, it is not enough to rely solely on "asset on-chain"; settlement funds must also be on-chain. Otherwise, assets are on-chain, but cash remains in the traditional settlement track, ultimately creating an efficiency divide.
Circle's appeal is essentially pushing for a more complete upgrade of the financial market structure:
Not just to make stablecoins payment tools, but to further enable them to become compliant financial settlement tools.
If the EU really accepts such recommendations in the future, the impact will be far-reaching:
• The role of stablecoins will upgrade from "on-chain dollar alternatives" to "securities settlement infrastructure"
• Institutional adoption thresholds may further decrease
• Certain settlement stages monopolized by banks and infrastructure institutions in traditional finance may be redefined
• Europe has the opportunity to take the lead globally in the integration of on-chain securities and stablecoin settlement
This also indicates an increasingly clear trend:
In the future, competition among stablecoins will not only be about issuance scale and payment scenarios but also about the ability to enter mainstream financial settlement layers.
Do you think stablecoins will first become payment tools or first become securities settlement tools? #稳定币 #链上资产 #欧盟加密货币
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