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

According to 4E observations, the stablecoin market structure will usher in new changes. Last Friday, Tether announced plans to issue a new US dollar stablecoin USA₮, 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 BoHines as USA₮ CEO. Unlike USDT with a market value of nearly US$170 billion, USA₮ will focus on the domestic compliance market in the United States, and the issuance time has not been announced yet. Bitcoin treasury company EmperyDigital (EMPD) disclosed that it has completed a $14.5 million stock repurchase plan, repurchasing about 2 million shares, with an execution price lower than its net asset value. Up to now, the company has held a total of 4,081.39 BTC, with a total purchase price of about US$480 million and an average cost of US$117,500 per coin. Solana treasury company SOLStrategies CEO Leah Wald said that although it is still at a disadvantage in the highly competitive crypto treasury market, the company has commissioned about 3.6 million SOLs (valued over US$820 million) to verify that "undervalued is an advantage" and will highlight its robustness in the long run. 4E reminds investors: stablecoin compliance, treasury company increase holdings and the expansion of public chain ecosystems inject new narratives into the market, but it is 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.