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Kay Capital
Kay Capital|6月 25, 2025 16:19
Perhaps in thirty years, textbooks will write: The stablecoin GENIUS bill marks another anchor change for the US dollar after anchoring to gold and oil settlements. Instead, anchor the fiat currency substitution of the "Banana Republic" with poorer currency discipline and grey industry settlement on a global scale. US dollar cash has such functions, but it is quite easy to disable. As long as it gets stuck on one end of the bank, the headache for merchants is to identify counterfeit currency. The combination of blockchain and stablecoins ensures that genuine coins can be guaranteed without substantial foreign exchange controls (except in some large government countries), and cannot be disabled/stopped.
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Timeline

7月 25, 10:28【JPMorgan Chase is updating their P, except for the US dollar】
7月 25, 09:45【Binance Futures will launch perpetual contracts in USD Ⓢ - margin ZORAUSDT and TAGUUSDT】
7月 25, 09:45【Binance Futures will launch perpetual contracts in USD Ⓢ - margin ZORAUSDT and TAGUUSDT】
7月 25, 03:20【KB National Bank applies for trademark rights for US dollar and Japanese yen stablecoins】
7月 24, 19:00【Stablecoins become a tool to hedge against malignant inflation】
7月 24, 16:52【5 billion US dollars worth of exchanged bits through reserve proof audit】
7月 24, 05:21【Stablecoins expand currency influence globally】
7月 24, 05:17【The impact of stablecoin problems may be greater than that of cash】
7月 24, 01:17【Seamless trading of positions in and out of USD and USDC pairs】
7月 24, 00:07【Falcon Finance adopts Chainlink standard to achieve cross chain transfer】

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