CCTV's "World Weekly" special report on Trump's encryption-friendly policies and stablecoins

On July 28, the CCTV program "World Weekly" reported last night on Trump’s encryption policies and stablecoins. The report stated that although Trump has introduced a series of crypto-friendly bills, including the Genius Act, Bitcoin and Crypto Assets still face significant price Fluctuation and security risks. The total duration of the report was about 20 minutes, suggesting that Trump’s active promotion of stablecoin development is highly correlated with Fed policies and the high levels of U.S. national debt, stating that stablecoins are a new generation version of "dollar hegemony." In the current situation where countries around the world are intensifying the issuance of local stablecoins, establishing a more stable international order poses a new challenge.