Optimism presyoOP

$ARB vs $OP In case eth starts outperforming...

Very interesting insight brought to my attention by @PingPongPapito; thank you sir! ⭐️ OP:

Credit to @shouias also; thank you very much. I did not understand the comment at the time and forgot it. OP here

#OPUSDT The price is near the downtrend line. If the trendline breaks, we can prepare for a bullish situation and the price will jump higher. $OP

According to Zhang Ming, deputy director of the Institute of Finance and Economics at the Chinese Academy of Social Sciences, U.S. dollar-pegged stablecoins, not bitcoin ( BTC) or ethereum ( ETH), are likely to have a “significant impact” on the international financial system. Ming cites stablecoins’ “link” to the U.S. dollar, a sovereign currency, which he said gives these digital assets the characteristics of the greenback. In a recently published op-ed, Ming, who also serves as the deputy director of the National Finance and Development Laboratory, asserts this U.S. dollar link is further extending the greenback’s hegemony. To illustrate, Ming points to the use of stablecoins as a store of value by residents and businesses in countries battered by inflation. The deputy director also cited the use of U.S. dollar stablecoins to provide liquidity support in the decentralized finance (DeFi) ecosystem as another example of these digital currencies playing a role in strengthening the international currency status of the U.S. dollar. Observers believe the likely passage of stablecoin bills by the U.S. Congress will further enhance their role in bolstering the U.S. dollar As has been reported by several media outlets, including Bitcoin.com News, some U.S. lawmakers are seeking to pass legislation that would compel stablecoin issuers to back stablecoins with U.S. Treasuries only. Some opponents of this move insist the passage of such legislation would be detrimental to Tether, the issuer of the largest stablecoin by market capitalization, USDT, or tether. Other critics, however, believe the enactment of laws compelling stablecoin issuers to hold U.S. Treasuries ensures the dollar hegemony is maintained. Tether CEO Paolo Ardoino has repeatedly said that his company, which holds billions of dollars in U.S. debt, is already playing its part in furthering this goal. However, Ming believes China can counter attempts to extend the dollar into the digital currency realm by issuing its own stable currency. He also suggested expanding the use of the digital yuan on Chinese internet platforms to increase the renminbi’s (RMB) international currency status. Meanwhile, Ming said China should encourage the trial and promotion of digital special drawing rights (e-SDR) at the level of the International Monetary Fund (IMF). Implementing an e-SDR could upend attempts to make the U.S. dollar the most important currency in the digital currency ecosystem. “The flourishing of various digital currencies is naturally better than the U.S. dollar monopolizing the development track of digital currencies. e-SDR can expand the use of supranational reserve currencies in the digital field and virtual space, and also help promote the diversification of the international monetary system,” Ming said. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。