Author: TechFlow
Market Dynamics Yesterday
Trump Officially Signs the GENIUS Stablecoin Bill
The U.S. President Trump officially signed the "Guiding and Establishing National Innovation for Stablecoins Act" at the White House, known as the GENIUS Bill, marking the first federal legislation on cryptocurrency regulation to take effect.
The bill establishes stricter regulatory standards for stablecoins: issuers must provide 1:1 reserve support with liquid assets such as U.S. dollars and short-term Treasury bonds, and publicly disclose reserve composition monthly. From now on, stablecoins will no longer be experimental products in a gray area, but will be written into U.S. law and endorsed by the national government as an "official monetary tool".
[The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating to English.]This article discusses Berachain's launch of the PoL V2 proposal to address the value capture issue of its native token $BERA. By reallocating incentives and expanding functional modules, PoL V2 aims to transform $BERA from a marginalized gas token to a core ecological asset and drive the overall development of Berachain.
The article introduces the significant innovation of Coinbase Wallet being renamed Base App and its profound impact on the Web3 ecosystem. Base App has transformed from a single crypto asset wallet to a Web3 super app covering payment, asset management, social interaction, and developer ecosystem, bringing new opportunities and experiences to users and developers through technological upgrades and functional expansions.
"Tweet as Token": Exploring the New Solana Ecosystem Platform Trends.fun with an All-Star Lineup
The article introduces Trends.fun, a new Solana ecosystem platform that allows users to tokenize tweets with a single click, significantly lowering the issuance threshold and cost. It relies on the DBC mechanism, issuing tokens through a Bonding Curve, avoiding price manipulation by false social metrics, and attracting support from many heavyweight figures in the Solana ecosystem. Despite its innovative nature, it faces risks of being copied by competitors and limited value capture capabilities.
The article discusses how the Genius Act reshapes the global financial landscape through stablecoin regulation. It explores the role of stablecoins as the "New East India Company" of the 21st century, challenging existing fiat currency systems and national structures. It deeply analyzes the impact of the USD stablecoin super-dollarization wave on global monetary sovereignty and how stablecoins promote the de-nationalization of assets and the dissolution of traditional financial systems. The article also looks forward to the impact of stablecoins on internal US power relations and their strategic significance in the US-China financial competition.
Who Will Apologize to Blockchain?
The article explores the background, impact, and national response strategies of the stablecoin revolution, focusing on the far-reaching impact of US stablecoin legislation after the Genius Act on the global monetary landscape. It points out that the proliferation of stablecoins is not accidental but the result of a decade of technological layout and strategic planning. Many countries have been passive in this field due to their neglect of blockchain technology and misunderstandings about the potential of stablecoins. The article calls for a re-examination of blockchain technology and the production relationship revolution it brings to address the challenges of digital economic competition.
