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Cryptocurrency News Video

Now more than 95% of the stablecoin market is anchored to the U.S. dollar

May 07, 2024 at 05:21 am 喜马拉雅洛杉矶盘古农场

Jason: Last year, Coinbase sued the SEC due to US regulation. What is the relationship between cryptocurrency and legal currency? Does the United States want cryptocurrencies to thrive in the United States or around the world? Will it affect the status of the US dollar as a legal tender?
Lost Barbarian: Mr. Guo often mentions the dual-currency system, stablecoins and floating coins. The United States will not give in to stablecoins. Stablecoins must be anchored to the U.S. dollar. More than 95% of the current stablecoin market is anchored. The US dollar is fixed. This is the achievement of the United States, so the United States is not too panicked. It only needs to grasp the stablecoins. The specific supervision of Bitcoin, Ethereum, and HiCoin can be carried out step by step, because they are digital currency assets, not Stablecoins have not touched the old roots of the Federal Reserve, so the United States only needs to grasp stablecoins.

# pangu大观 #山海经
Video source:Youtube

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