"Cryptocurrency Needs Demystification'

🔔"Yes, the cryptocurrency industry is full of temptations and traps—from algorithmic stablecoin collapses to centralized exchange disasters, from celebrity endorsement scams to politicians riding the hype, countless people have paid a painful tuition. But the more chaotic the era, the more we need to return to the essence."

🔔"Ethereum is not a 'get-rich-quick tool', but the digital infrastructure of the blockchain world. Vitalik's team has focused on technological breakthroughs for a decade, from the smart contract revolution to Layer 2 scaling, from ZK-Rollups to account abstraction, each upgrade is advancing the evolution of the entire Web3 industry."

●Developer Ecosystem: 76% of all DApp developers (Electric Capital data)

●Institutional Adoption: Asset management giants like BlackRock and Fidelity choose ETH as the underlying asset for spot ETFs

●Economic Security: $44 billion in staked assets builds the strongest moat in the PoS era

●Real Use Cases: Uniswap processes $1.5 billion in real transaction volume daily, MakerDAO supports $1.5 billion in real transaction volume, MakerDAO supports $5 billion in stable assets

🔔"When other projects entice you with high APYs, Ethereum is lowering Gas fees; when new public chains hype TPS numbers, Ethereum is establishing decentralized standards; when celebrities endorse meme coins, Vitalik is promoting blockchain education in Africa. Time will reward long-term thinkers."

🔔"Of course, ETH is not without risks—technological iterations take time, regulatory uncertainties exist, and market volatility continues. But compared to chasing the next 'hot narrative', holding an underlying asset that has been tested through 8 years of bull and bear markets, validated by thousands of applications, may be a more rational choice."

🔔"Cryptocurrency needs demystification. Instead of being harvested by various 'get-rich myths', it's better to return to the agreements that support the real value of this industry. When you want to build the future rather than gamble, Ethereum will always be the first cornerstone."

LUNA—Do Kwon deceived you;
FTX-SBF deceived you;
Celebrities deceived you;
Trump deceived you;
The President of Argentina deceived you;
Pumpfun deceived you;
Solana deceived you;

Vitalik Buterin? The only one who did not deceive you;

It's time to return to Ethereum. $ETH
#ETH（二饼） #稳定币

Federal Reserve Board member: It is recommended to allow banks and non-bank institutions to issue regulated stablecoins

Recently, Federal Reserve Board member Christopher Waller proposed that both banks and non-bank institutions should have the opportunity to issue regulated stablecoins. Does this sound a bit confusing? Let me help you break it down in a simple way!

Waller said at a conference in San Francisco that the stablecoin market needs a regulatory framework that "directly, comprehensively and narrowly" covers stablecoin risks. In other words, there must be a clear set of rules that allow financial institutions to issue stablecoins safely. He also said that this framework should allow non-banks and banks to issue regulated stablecoins and consider the impact of regulation on the payment landscape.

It is worth noting that Waller's remarks are similar to what Federal Reserve Chairman Jerome Powell said in February last year. At that time, Powell said in a meeting with the House Financial Services Committee that he fully supported the establishment of a stablecoin framework and reiterated that the Federal Reserve is committed to developing stablecoins and central bank digital currencies in the United States.

On the other side, Maxine Waters, a Democratic congressman on the House Financial Services Committee, recently proposed a stablecoin regulation proposal involving the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve. This shows that the Democratic Party is also actively promoting this matter.

At the same time, the Republican Party is not to be outdone. Earlier this month, French Hill, the Republican chairman of the House Financial Services Committee, also submitted a draft stablecoin regulation bill. Unlike Waters' proposal, Hill's bill gives the stablecoin regulation power to the Office of the Comptroller of the Currency (OCC) instead of the Federal Reserve.

This means that both the Republicans and the Democrats are actively promoting stablecoin regulatory regulations under the leadership of the Trump administration. It seems that the development of stablecoins in the United States is really on the right track.

💬 Do you support banks and non-bank institutions issuing stablecoins? What impact do you think a unified regulatory framework will have on financial markets? See the comments section!

#稳定币 #美联储 #监管框架

📢To create a clear regulatory framework for stablecoins, the U.S. Congress has proposed a new regulatory bill👀

Recently, the U.S. Congress introduced a new bill called the STABLE Act, officially known as the “2025 Stablecoin Transparency and Accountability Better Ledger Economy Act.” The purpose of this bill is to establish a clear regulatory framework for stablecoins as a type of digital currency, while ensuring the stability of the financial system.

One particularly noteworthy point in the bill is the proposed two-year ban on endogenous collateral stablecoins. The collateral for these stablecoins comes from their own ecosystem or assets within the platform. Legislators are concerned that they may pose risks of liquidity, volatility, and market manipulation.

To better mitigate these risks, the bill requires the Treasury Department to collaborate with institutions like the Federal Reserve, SEC, and OCC to conduct a comprehensive research report. This study will deeply analyze the technology, governance, and reserves of stablecoins, as well as their impact on the market and consumer protection.

The bill also attempts to clarify which institutions can issue stablecoins, requiring them to either be insured deposit institutions or non-bank entities that meet strict standards. Issuers will also need to disclose financial information monthly, undergo independent audits, and develop risk management plans.

Steil, the chairman of the Digital Assets Subcommittee, stated that through this bill, they hope to support innovation, protect consumers and investors, while reinforcing the status of the dollar.

If the bill passes, regulators will have 180 days to formulate rules, followed by an 18-month transition period, and finally full implementation.

🗣️Conclusion:

It is worth noting that similar bills have previously been proposed by senators, known as the GENIUS Act, also aimed at regulating stablecoins and promoting financial innovation.

The introduction of the STABLE Act marks the U.S. government's active exploration in the regulation of digital currency, aiming to balance innovation with risk and ensure the stability of the financial market.

However, in the wave of digitization, how to protect consumer rights and promote financial innovation has also become an important issue faced by regulatory agencies in various countries.

💬What impacts do you think these new regulations will have on the stablecoin market? Share your thoughts in the comments section!

#稳定币 #加密货币监管 #STABLE法案

Sun's USDD offers a 20% annual interest rate, are people still engaging? How much trust can there be?

Let's take a look at the assessment of USDD's annualized 20% return provided by deepseek:

1. Common risks of high returns - Market unsustainability
An annualized return of 20% far exceeds traditional financial markets (such as deposits, government bonds), and even in the cryptocurrency realm, it is considered high risk. Such high returns typically rely on market volatility, liquidity mining, leverage, or Ponzi structures, making long-term maintenance extremely difficult.
- Vulnerability of algorithmic stablecoins:
Algorithmic stablecoins (like UST, USDD) rely on arbitrage mechanisms and collateral assets to maintain their peg. Once the market experiences severe fluctuations or confidence collapses (like the UST collapse event), it may lead to decoupling or even zero value, rendering interest commitments ineffective.

2. The operational mechanism of USDD - Collateral and reserves:
USDD claims to maintain stability through excessive collateral (such as TRX, BTC, etc.) and algorithmic adjustments. The transparency of its reserves and whether they have undergone third-party audits (such as TRON's joint reserves, BTDA) need to be verified.
Sources of income, high interest may come from:
- Users staking USDD to participate in liquidity mining (DeFi protocols) - Project subsidies (to attract users, but may not be sustainable).
- High-risk investments (such as leveraged trading, lending, etc.)

3. Historical lesson: UST collapse
- UST (Terra) once offered about 20% annualized returns, but the collapse event proved that stablecoins relying on algorithms and Ponzi structures have systemic risks. The decoupling of UST caused significant losses for holders, similar mechanisms require heightened vigilance.

4. Key issues to verify
Project background and transparency
The TRON team has a certain reputation, but it is necessary to confirm whether USDD's specific mechanisms, reserve audit reports, and sources of income are publicly transparent.
Liquidity risk
Can the principal be redeemed at any time? Is there a lock-up period or slippage loss? Market environment:
If the cryptocurrency market enters a bear market, the value of collateral assets (such as TRX, BTC) may fall, leading to insolvency.
5. Recommended actions
1. Conduct in-depth research on the white paper and audit reports
Confirm USDD's stability mechanism, types and proportions of reserve assets.
2. Diversify risks:
Avoid putting most of the funds into a single high-yield product to prevent principal loss.
3. Beware of Ponzi characteristics:
If returns depend on the funds of new users rather than actual income, it may be a Ponzi scheme.
4. Small-scale trial
If you still want to participate, it is recommended to test with funds that can afford to lose and continuously monitor project dynamics.

Conclusion: This should be well understood!
#稳定币

📈Long-term (spot): #OPUSDT | $OP | #OP

OP/USDT price is at a key support level, the best position to buy at the current price.

#质押 #山寨币 #稳定币

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Currently active, profit 5% #质押 #稳定币 $USUAL
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Why does everyone want to get a piece of the stablecoin pie?

Recently, JD.com and Xiaomi have teamed up to issue Hong Kong dollar stablecoins in Hong Kong. At present, the absolute king of the stablecoin market is [Tether USDT], but almost all traditional giants want to enter the stablecoin market to get a piece of the pie, including Paypal, Binance, etc.

The reason is that stablecoins are the foundation of Web3. As long as Web3 is still there, the demand for stablecoins will always be there, which is beyond doubt.

Secondly, stablecoins are a super transaction that is guaranteed to make money. Almost 99% of people in the currency circle will not experience redemption operations from stablecoin issuers throughout their entire currency circle career. Because everyone is C2C, I have 1 USDT, sell it to you, you give me the corresponding value of legal currency, and I give you this 1 USDT. This process does not involve redemption operations with the issuer.

Therefore, stablecoin issuers can use everyone's money to do capital transactions. Tether is basically all in US bonds, which is a more violent and stable transaction than banks.

In fact, many people in China who want to withdraw money use JD.com cards. JD.com now issues its own stablecoins, which makes things much easier. For JD.com, it is equivalent to printing its own money, providing a lot of cash flow, which is much greater than the cash flow brought by JD Finance.

It is difficult to subvert the dominance of USDT, but it does not affect coming in to share a piece of the pie.

#京东发行稳定币 #USDT #泰达币 #稳定币

$BTC $ETH $BNB

#稳定币 #京东发行稳定币 #中国香港概念

This is undoubtedly a milestone event in the long river of history, marking a major breakthrough in the field of financial technology.

JD.com, an e-commerce giant, has announced that it will issue a stablecoin directly linked to the legal currency Hong Kong dollar in Hong Kong. This decision is so bold that it is hard to imagine its courage and boldness if it is not clearly supported and recognized by the top leaders.

For a long time, the direct link between cryptocurrency and legal currency has been regarded as a sensitive area. Now the breaking of this taboo undoubtedly sends a strong signal: the Eastern power is determined to play a more active role in stabilizing the financial market and no longer let the United States and other Western countries dominate.

JD.com's move is specifically manifested in the fact that JD.com Coin Chain Technology (Hong Kong), a subsidiary of its technology group, will launch a stablecoin based on public blockchain technology, which is strictly anchored to the Hong Kong dollar at a ratio of 1:1.

This innovative move not only reflects JD.com's in-depth exploration and application of blockchain technology, but also demonstrates its firm commitment to improving financial stability and promoting the development of the digital economy.

The issuance of this stablecoin will rely on highly liquid and reputable asset reserves, which will be safely stored in independent accounts of authorized financial institutions and subject to regular information disclosure and strict audit supervision to ensure the integrity and transparency of the reserves.

It is worth mentioning that shortly before the release of this news, JD Coin Chain Technology (Hong Kong) was listed in the list of participants in the "Sandbox" of stablecoin issuers announced by the Hong Kong Monetary Authority, which undoubtedly provided solid policy support and regulatory guarantees for the issuance of JD's stablecoin.

This move not only demonstrates Hong Kong's open attitude and positive actions towards emerging financial technologies as an international financial center, but also sets a new benchmark for the development of global financial technology.

In summary, JD's issuance of a stablecoin pegged to the Hong Kong dollar in Hong Kong is not only a concentrated display of its own financial technology strength, but also a major step taken by the Eastern power in the field of financial stability and digital economy.

This historic move will undoubtedly bring new opportunities and challenges to the future development of the global financial market.

#大盘走势 #比特币减半 #稳定币 Why are so many people still losing money in this bull market? Bitcoin has risen to more than 70,000. Everyone still makes no money in the bull market, or makes little money and suffers a lot of losses. The first thing is to hold the currency. Whether you can hold it or not, the second one is that choice is very important. Don’t take a coin that has no ecological support or a coin that has no institutional support. Today I recommend a second-layer chain under Bitcoin.#Slorhas a stable community, can provide stable currency prices, and has a development team to complete Bitcoin’s largest search engine ecosystem. Welcome to leave a message for discussion...

[Injective has integrated with Paypal's stablecoin PYUSD]

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Users can use wormhole to transfer from Ethereum and Solana to Injective via PYUSD, and dApps on the network can use PYUSD for fast payments, transactions, DeFi, etc.
#INJ #Injective #稳定币 $INJ

🔥 Circle and Binance join forces to promote USDC, challenging USDT's dominance

Another big move in the cryptocurrency circle! This Wednesday, Circle and Binance announced in Abu Dhabi that they will join forces to promote USDC, a stablecoin jointly owned by Circle and Coinbase, targeting Tether's USDT, aiming to challenge USDT's dominance!

The significance of this cooperation is not small. Now stablecoins are becoming more and more popular in the mainstream financial world, and everyone wants to get a piece of this market. Among them, Binance, the world's leading cryptocurrency exchange, is no exception. Binance has included USDC in all its products and services, allowing 240 million users around the world to use USDC for transactions, savings and payments.

Coinbase Vice President Shan Aggarwal congratulated the cooperation, saying that it would help increase the circulation of USDC and increase global economic freedom. Circle CEO Jeremy Allaire is also optimistic about this cooperation and thinks that Binance can make USDC a household name.

Binance CEO Richard Teng also announced that the exchange will launch more USDC trading pairs around the world and hold special promotions while exploring new uses for stablecoins.

However, the stablecoin market is still dominated by Tether's USDT, which has a market value of $138 billion, far exceeding USDC's $40 billion. Despite allegations of questionable accounting practices and links to illegal activities, Tether remains a big player in the market.

It is worth noting that Binance previously launched its own stablecoin BUSD, whose native token BUSD also has a market value of $23 billion, but ceased operations last year due to regulatory pressure. The partnership also represents Binance's commitment to regulation and compliance, and its determination to keep pace with Circle's USDC.

However, the partnership also involves a revenue-sharing arrangement among the three companies, which may complicate efforts to challenge Tether. Meanwhile, other competitors are not idle, such as Robinhood, Galaxy Digital, Kraken and Paxos, which recently formed an alliance to support Paxos' new stablecoin USDG.

It seems that the competition in the stablecoin market is becoming increasingly fierce. Let's wait and see how this stablecoin war will be fought!

#USDC #币安 #USDT #稳定币 #Circle

USDC强势崛起，USDT被打“骨折”？你支持哪个稳定币？

根据最新数据，USDC今年的交易量已经全面超过USDT了，成为了市场领导者。自2024年以来，USDC一直在抢占市场份额，上周的交易量达到了4560亿美元，而USDT的交易量为890亿美元。

自1月以来，USDC还占到了总交易量的50%，主要原因是与Visa的合作。

USDC的强势，我觉得有2点原因：

1）它的背后是美国，美国政府一直和USDC的发行公司Circle合作，而且USDC背后还有coinbase，所以这一系列串联在一起，也不难理解为啥美国这么支持USDC。

2）USDC更急透明化，它的抵押法币每个月都会被审计，审计报告会在CENTRE官方平台公布，整个行业都会知晓抵押的数量。

虽然USDT的市场份额依然不小，但从可靠性来说，猛哥也比较认可USDC，从某种程度上来说，USDC是最安全的稳定币。

$USDC #稳定币

#稳定币 The total market value of stablecoins is now $161.144 billion, with a weekly increase of 0.69%. In addition, the market value of USDT is $111.128 billion, with a market share of 68.96%.@白话币海

DWF Labs synthetic stablecoin products are planned to be launched in the fourth quarter of this year to the first quarter of next year
#DWFLabs #稳定币