The day before yesterday, we discussed that OKX, Kraken, Gemini, and Bullish are all preparing for a US IPO. It is reported today that @ cz_binance has been pardoned by Trump and Trump family may become a shareholder http://Binance.us If Trump can win such a gold medal of impunity, he can rest at ease for at least four years in office, and if CZ returns to the management to resume the @ cz_binance @ heyibinance dual core management mode, it will play a decisive role in the development of BN, and will greatly boost the position of Binance in the U.S. market, even if it does not rule out the possibility that Minan will also be listed in the U.S. in the future, the competition in the U.S. market will be fierce again. Recently, China's policies have also loosened, whether it is the stablecoin bill in Hong Kong, the statement of former and current central bank governor Zhou Xiaochuan and Pan Gongsheng on stablecoins at the Lujiazui Financial Forum, or the development of JD's stablecoin. In addition, today Guotai Junan International, as the first Chinese securities firm, was officially approved to provide virtual asset trading services, all reflecting China's intention to promote the internationalization of the renminbi through stablecoins centered around Hong Kong. Against the backdrop of more friendly policies towards virtual currencies in both China and the United States, the long long short short bull model in the US has become more possible.