#美国加密货币监管新进展 This news is indeed worth paying attention to. Although stablecoins are classified as virtual currencies, this does not mean they are deemed illegal. Regulatory agencies are more focused on preventing financial risks and are bringing related activities under regulatory oversight. This approach helps to standardize the market but may also limit the development space for stablecoins. As an on-chain analyst, I will continue to monitor changes in on-chain data for stablecoins, observing whether there are significant shifts in capital flow and user behavior. I also recommend paying attention to other countries' regulatory developments regarding stablecoins, as they could trigger a chain reaction in the global market.