Useless Dollar Coinの‌価格USDC

🌍💱 Breaking the Dollar’s Grip: How Regulated Multicurrency Stablecoins Could Redefine Crypto’s Future Stablecoins began as a simple solution for traders — a way to lock value in digital markets without leaving the ecosystem. But today, they underpin the entire onchain financial system, setting prices, collateral norms, and liquidity flows. Currently, USD-backed stablecoins dominate, making the crypto economy overly dependent on U.S. monetary policy. But a new wave of regulated euro, yen, and yuan-pegged stablecoins is emerging, promising to diversify crypto’s financial rails and reduce systemic risk. Let’s break down what this shift means 👇 ✦ The Problem: Dollar Monopoly in Onchain Finance 💵 Dollar dominance: USDT and USDC control liquidity, order books, and settlement. 📉 Policy exposure: Since reserves sit in U.S. money markets, crypto liquidity rises and falls with U.S. interest rates. ⚠️ Systemic risk: Washington’s policy shocks get directly transmitted into DeFi, amplifying volatility. ◆ Europe’s Push: Turning Policy into Liquidity 🇪🇺 MiCA-compliant tokens: EURAU, EURC, and EURCV are live examples. 🏦 ECB’s stance: The European Central Bank openly warns that dollar rails undermine euro autonomy. 💡 Needed action: Regulators must support liquidity, not just guidelines — otherwise euro stablecoins remain symbolic instead of functional. ◆ Japan’s Strategy: Yen Liquidity on the Horizon 🇯🇵 Monex initiative: Preparing a regulated yen-backed stablecoin. 🪙 JPYC approval: One of Asia’s first compliant fiat-backed tokens. 📊 Key test: Success depends on deep liquidity, transparency, and adoption in remittances and supplier payments. ◆ Hong Kong’s Role: A Testbed for Non-USD Rails 🏮 Licensing regime: Enables supervised issuance with enforceable reserves and disclosures. 💴 HKD & CNH tokens: Hong Kong dollar pilots are underway, with potential expansion to offshore yuan (CNH). 🌐 Strategic bridge: Positioned as the Asian hub for non-USD liquidity during regional trading hours. ➤ What Would Truly Shift the Base Pair? For euro, yen, or yuan stablecoins to challenge the dollar, they must deliver: 🔎 Daily reserve disclosures & independent audits exceeding USDT/USDC standards. 🔗 Multichain issuance for frictionless settlement. ⏱ Strict redemption SLAs to instill institutional confidence. 📈 Exchange incentives to list non-USD base pairs, even if early spreads are wider. ✦ The Bigger Picture: Multicurrency Rails, Not Just Dollar Rails ✅ Dollar stablecoins will remain — but relying on a single sovereign’s markets is brittle. 🌍 Diversified rails (euro, yen, CNH) reduce concentration risk and add resilience. 🏆 Winners will be issuers and regulators who combine compliance with deep FX liquidity. 🚨 Losers will be those who default back to dollar dominance without building alternatives. 💡 Final Takeaway The crypto industry is at a crossroads. Keep relying on the dollar monopoly, and crypto inherits the fragility of U.S. monetary cycles. Or embrace multicurrency stablecoins, creating a more balanced, resilient, and global financial ecosystem. 🌍 The next cycle will be defined not by which stablecoin grows fastest, but by which currencies shape the foundation of onchain finance.

NEW: Circle has minted approximately $250 million in $USDC on $SOL .

RT @nancy_c813: 又有新东西和大家分享，@Bitget_zh 与Ondo Finance合作，上线了美股、ETF 103种资产，当然热门币种苹果、特斯拉、微软、Google、NVIDIA这些都有，还零 gas费，直接用USDC就行。 这次bitget升级等于打破…

🐳 Institutions keep stacking #ETH ▪ Bitmine bought another 46,255 ETH ($200.4M) — now holding 2,126,018 ETH ($9.27B). ▪ SharpLink Gaming moved 379M USDC to Galaxy Digital — likely for Ethereum buys. ▪ In just 10 hours, 78,229 ETH ($342M) left Kraken for 4 fresh wallets. The whales are loading up. 🚀