Trump is about to return. In addition to supporting cryptocurrency, he also advocates a looser monetary policy. In 2018, Trump pressured Powell to prevent the Fed from raising interest rates. So the Fed's interest rate cut in 2019 was a bit unexpected.
Trump's re-election may accelerate the easing of the US dollar, thereby affecting the global monetary easing cycle. Cryptocurrency + monetary easing, there should be more investment in the Web3 field in the future.
Funds in Asia have already started to move. Singapore's largest bank, UOB, has increased its investment in#UXLINKand participated in the investor pledge plan to pledge and lock $UXLINK.
@UXLINKofficial is a Web3 social infrastructure. Its underlying technology includes abstract account technology, which can connect multi-chain Web3 and Web2 ecosystems to build a#DIDsystem. Based on the UXLINK protocol, multiple social or other Web3 applications can be built. In addition, the possibility of using bank resources to develop payment and do#payFiis not ruled out.