#稳定币市场竞争与发展 That's great! What does this move by the Federal Reserve mean? Banks can finally enter the crypto space legitimately.

Remember the restrictive policies in 2023? They almost kept banks out of the crypto door—want to issue stablecoins? No way. Want to hold Bitcoin and Ethereum? Nearly impossible. But now, the situation has completely reversed.

The logic behind this shift is clear: regulators' understanding of crypto assets has deepened, and their risk awareness has become more mature. The previous "strong opposition presumption" is outdated; it has been replaced by a more flexible case-by-case approval system. While banks with FDIC insurance still face strict restrictions, those without deposit insurance can now apply to participate in new crypto businesses, opening a window for stablecoin issuance.

Imagine: if traditional finance begins to issue stablecoins on a large scale, what kind of explosion could the tokenization track see? The US dollar, euro circulating on the blockchain, settlement becoming instant and efficient, and the face of financial infrastructure being completely rewritten. This is not just regulatory easing; it’s a sign of Web3 moving from the fringe to the mainstream.

The truly exciting moment is here: the integration of bank-backed stablecoins with the DeFi ecosystem will create entirely different financial possibilities. This is the future I believe in.