The Federal Reserve recently announced a new operation—RMP, which plans to purchase $40 billion worth of short-term government bonds each month. Officially, this is described as a technical adjustment to the financial plumbing and not a form of quantitative easing. However, industry insiders see it differently.

For example, Arthur Hayes, co-founder of a leading trading platform, bluntly stated that this operation essentially amounts to covert liquidity injection, significantly increasing market liquidity. Against this backdrop, assets like Bitcoin, which are truly scarce, become the best hedging options. He even provided a specific prediction—BTC could return to $124,000, and if the trend is strong enough, breaking through $200,000 is not a dream.

More interestingly, the Federal Reserve also plans to establish a new payment account system. This means that compliant crypto companies and stablecoin issuers will no longer need to rely on traditional banks as intermediaries and can directly connect with the central bank's settlement system. This is an important signal for the entire crypto industry—indicating a fundamental shift in the attitude of mainstream finance towards this sector and officially giving the industry a 'recognition' stance.