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4E: Tether launches new stablecoin, Trump allies take charge

Source: ChainCatcher
According to ChainCatcher, according to 4E observation, the stablecoin market structure will usher in new changes. Last Friday, Tether announced plans to issue a brand new US dollar stablecoin USAâ‚®, which is responsible for the US issuing entity and is designed in full accordance with federal stablecoin regulations. The company also appointed former Trump administration official Bo Hines as USAâ‚® CEO. Unlike USDT with a market value of nearly $170 billion, USAâ‚® will focus on the domestic compliance market in the United States, and the issuance time has not been announced yet. Bitcoin Treasury Company Empery Digital (EMPD) disclosed that it has completed a $14.5 million stock repurchase plan, repurchasing approximately 2 million shares, with an execution price lower than its net asset value. As of now, the company holds a total of 4,081.39 BTC, with a total acquisition price of approximately US$480 million and an average cost of US$117,500 per coin. In Hong Kong, Cyberport announced at the DELF Forum that it has launched a pilot program of stablecoins and digital assets, with a total of 9 cross-industry cases covering blockchain, smart contracts, data auditing and security, and forming a technical support network covering the mainland, Hong Kong and overseas. Leah Wald, CEO of Solana's SOL Strategies, said that despite still being at a disadvantage in the highly competitive crypto treasury market, the company has commissioned approximately 3.6 million SOLs (valued over $820 million) to verify that "undervalued is an advantage" will highlight its robustness in the long run. In addition, Strategy founder Michael Saylor has released Bitcoin Tracker information again, and 4E speculates that the company may disclose a new round of BTC increase in holdings this week. 4E reminds investors: stablecoin compliance, treasury company increase holdings and the expansion of public chain ecosystems inject new narratives into the market, but they are still affected by macro policies and regulatory dynamics in the short term. Investors are advised to maintain risk awareness and reasonably diversify their positions while paying attention to hot opportunities. (Source link)
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