4.25 AI Daily: The encryption industry is ushering in new opportunities and challenges, with regulatory attitudes becoming increasingly open.

1. Headlines

1. Nvidia prohibits cryptocurrency startups from receiving support, favoring artificial intelligence.

Nvidia has announced the exclusion of cryptocurrency startups from its Inception accelerator program, focusing instead on supporting AI-based startups. The program aims to help startups accelerate technological innovation and business growth at various stages. Eligible companies will receive AI training, mentorship, discounts on Nvidia products, and access to a network of venture capital firms.

Although projects such as Hive Intelligence broke through barriers with AI cores in April 2025, it is still difficult for encrypted AI as a whole to reach NVIDIA's elegant hall. What is it that keeps these projects blocked? There is indeed a clear difference between crypto AI and traditional AI. Traditional AI is the mainstay of technology, driving the revolution from medical diagnostics to autonomous driving. It focuses on algorithm optimization, model training, and enterprise applications, and is mostly funded by venture capital or corporate cooperation, with a relatively mature regulatory environment and a clear development path. Encrypted AI is a new track, the core of which is decentralization, anonymity and fairness, and there is a certain tension with the traditional AI concept.

The main challenges faced by crypto AI projects include: lack of mature business models, regulatory uncertainty, technical route disputes, and talent shortages. They often rely on the operational models of token economics and decentralized autonomous organizations (DAO), which differ significantly from traditional enterprises. In addition, the application scenarios of crypto AI are also narrower, mainly focused on decentralized finance (DeFi), privacy computing, and other fields.

However, crypto AI is still evolving. Some projects have already demonstrated remarkable innovative capabilities, such as Hive Intelligence's decentralized AI training network and privacy-preserving AI. As regulations become clearer and business models mature, crypto AI is expected to gain more room for development in the future. However, at present, they are still difficult for mainstream tech companies to fully accept and need to continue to prove their value.

2. Trump Meme Coin dinner details released: if canceled or absent, a limited edition NFT will be given.

The official terms and conditions for the Trump Meme Coin TRUMP show that the TRUMP Gala dinner is scheduled to be held on May 22, 2025, at the Trump National Golf Club in Washington, D.C. The organizers reserve the right to change the time and location. The first 220 TRUMP holders are eligible to attend this event, and the first 25 token holders will also have the opportunity to participate in an exclusive reception with Trump and a tour of the White House.

Background checks are required and no guests are allowed. All invitees and their guests must be at least 18 years of age and meet the local legal age of majority, sign a waiver of liability and any other required documents. The organizer reserves the right to cancel or change the rules of the dinner, and if the dinner is cancelled or Trump is absent, the holder will receive a limited commemorative NFT.

The event aims to provide an exclusive experience for TRUMP token holders, while also being a marketing tactic for Trump to promote his own Meme coin through celebrity influence. Critics accuse Trump of using his access to the White House to stimulate demand for the token. Participants are responsible for their own expenses, the organizers may change the details of the dinner, or Trump may be absent, and investors should be cautious about the risks.

The event may have stimulated the market, but it also highlighted the complex relationship between meme market volatility and celebrity effect. On the one hand, the celebrity effect can indeed push up the price of the token in the short term; But on the other hand, over-reliance on personal influence also increases the risk of speculation and manipulation. The meme coin itself lacks practical use, and its value is highly dependent on community hype, which is prone to skyrocketing and plummeting. Therefore, investors need to remain rational and be cautious about such token investments.

3. China's Ministry of Commerce: The U.S. side should completely cancel unilateral tariffs on China and resolve differences through equal dialogue.

On April 24, He Yadong, the spokesperson of the Ministry of Commerce of China, responded at a regular press conference to the U.S. claim of "tariff easing," stating that the U.S. indiscriminate imposition of tariffs violates basic economic laws and market principles. This not only fails to help resolve the U.S.'s own issues but also severely undermines the international economic and trade order, interferes with normal business operations and the consumption of the public, and has faced strong opposition from the international community and within the U.S.

He Yadong emphasized that the unilateral tariff measures were initiated by the U.S. side. If the U.S. truly wants to solve the problem, it should face the rational voices from the international community and domestic parties, completely cancel all unilateral tariff measures against China, and find a way to resolve differences through equal dialogue.

The trade friction between China and the United States has persisted for several years, with serious differences between the two sides on issues such as tariff increases and technology restrictions. The Trump administration imposed high tariffs on Chinese goods under the banner of "America First," leading to a continuous escalation of trade disputes between the two countries. This has not only exacerbated global supply chain disruptions but also placed a heavy burden on businesses and consumers in both countries.

China has consistently called for resolving differences through dialogue and consultation, but the U.S. side insists on unilateralism and protectionist practices, exacerbating tensions in the bilateral relationship. He Yadong's statement once again conveys China's rational, pragmatic, and open stance, hoping that the U.S. side will abandon its confrontational posture and resolve differences through equal dialogue to maintain the stability of global industrial and supply chains.

This statement also reflects China's firm stance in dealing with trade disputes. While safeguarding its own interests, China still adheres to the development concept of openness, inclusiveness, and cooperation, calling for dialogue to resolve conflicts, maintaining the multilateral trade system, and opposing unilateralism and protectionism. This is not only beneficial for improving China-U.S. relations but also conducive to the stable development of the global economy.

4. The Securities and Exchange Commission discussed cryptocurrency issues with El Salvador.

According to reports, the U.S. Securities and Exchange Commission ( SEC ) has discussed cryptocurrency regulation issues with the government of El Salvador. This is the first time the SEC has engaged with El Salvador on digital asset matters since the country adopted Bitcoin as legal tender last year.

El Salvador's President Bukele announced last year that Bitcoin would be adopted as legal tender, drawing widespread attention from the international community. Institutions such as the International Monetary Fund expressed concerns, believing it could pose significant risks. To advance the process of cryptocurrency legalization, the El Salvador government is engaging in dialogue with several regulatory bodies, including the SEC.

SEC Chairman Gary Gensler previously stated that cryptocurrency regulation will be a focus for the agency in 2025. The SEC has been working to establish a unified regulatory framework for crypto assets to protect investors' rights. Discussions with El Salvador may provide insights for the SEC in formulating related policies.

However, due to the decentralized nature of cryptocurrencies, regulation has always been challenging. The SEC needs to seek a balance between protecting investors, maintaining market order, and supporting innovative development. In addition, the cross-border nature of cryptocurrencies also requires regulatory authorities in various countries to strengthen cooperation.

Overall, the talks between the SEC and El Salvador signify that regulators are increasing their focus on cryptocurrencies. In the future, more explicit regulatory policies may be introduced to create a favorable environment for the development of digital assets. However, the specific details and impacts remain to be observed.

5. A Spanish university launches the world's first master's program in Bitcoin entirely in Spanish.

The University of Hespérides in Spain has launched the world's first master's program in Bitcoin entirely in Spanish, aimed at cultivating professionals who understand the economic, legal, and technical foundations of Bitcoin. The program includes content on the philosophy, history, economics, and technology of Bitcoin, targeting people from different fields and offering a combination of theoretical and practical teaching methods.

The course is taught by a lineup of experts in the Bitcoin field, including entrepreneurs, developers, legal experts, and more. The project is supported by several institutions, such as BTC Inc and NegociosTV. Registration is now open, utilizing a fully online teaching model, and international students and working professionals can apply.

Bitcoin, as a representative of cryptocurrency, has received increasing attention in recent years. However, due to a lack of professional talent, its development still faces many challenges. The launch of this master's program is expected to supply the industry with high-quality talent and promote the construction of the Bitcoin ecosystem.

The curriculum embodies the principles of Bitcoin's "decentralization, openness, and freedom," focusing on cultivating students' innovative thinking and practical abilities. Through systematic learning, students will gain a comprehensive understanding of the theoretical foundations and cutting-edge developments of Bitcoin, preparing them for future work in related fields.

In addition, the launch of the course also reflects the growing importance of cryptocurrencies in Spanish-speaking countries. As the first Bitcoin master's program for the Spanish-speaking world, it will contribute to the spread of cryptocurrency knowledge in the Spanish-speaking world and provide talent support for the development of the cryptocurrency industry in the region.

Overall, the launch of this course is an important milestone in Bitcoin education, injecting new momentum into the cultivation of cryptocurrency talent worldwide and having a profound impact on the long-term development of the industry.

2. Industry Data

1. BTC

The recent transaction price of Bitcoin is 92245.0000 USD, with a daily decline of -2.00%.

2. ETH

The recent transaction price of Ethereum is $1757.0900, with a daily decline of -1.90%.

3. SUI

The recent trading price of SUI is 3.0325 USD, with a daily increase of +3.00%.

4. TRUMP

The recent transaction price of TRUMP is $12.0040, with a daily increase of +28.20%.

5. GT

The recent transaction price of GT is $22.9970, with a daily decline of -4.70%.

3. Industry News

1. Bitcoin briefly broke through the $94,000 mark, drawing market attention

The price of Bitcoin briefly broke through the $94,000 mark on April 25, setting a recent high. Analysts believe that this surge is mainly influenced by the Trump administration's implementation of trade protectionist policies. In the context of rising global risk aversion, funds have begun to flow into safe-haven assets such as gold and cryptocurrencies.

Bitcoin ETFs continue to attract inflows, with Bitcoin rising a total of 13% since April. Analysts suggest that while gold remains the preferred safe haven, its price is already high, necessitating a cautious evaluation of allocation space. Crypto assets may benefit from the reallocation of safe-haven funds.

However, Glassnode warns that the Bitcoin market has not fully transitioned to a bullish phase. The ongoing dynamics of the spot and futures markets make the outlook more complex. Analysts are closely monitoring whether Bitcoin can maintain bullish momentum above $92,900. A drop to key support levels could trigger a short-term correction.

2. Increased activity on the Ethereum chain may bring new opportunities for the DeFi ecosystem.

Although the news headlines mainly focus on the decline of DeFi and short-term price fluctuations, the data on the Ethereum chain shows positive changes. Analysis company Glassnode pointed out that the percentage of profit supply has risen from 82.7% at the last similar price level to 87.3%, indicating that nearly 5% of the supply has changed hands during the recent adjustment.

In addition, Ethereum whales have recently accumulated a large number of digital assets, which has attracted market attention. Analysts believe this could signal a bigger rally. Euler has achieved phenomenal success in the DeFi space, solving key problems in lending and lending through an innovative liquidation mechanism, making it one of the most attractive DeFi options available today.

Overall, the increase in activity on the Ethereum chain may bring new opportunities to the DeFi ecosystem. However, investors need to closely monitor market dynamics and assess potential risks.

3. The Solana ecosystem continues to heat up, with rising enthusiasm among developers.

The Solana ecosystem continues to heat up, becoming a hot topic of interest in the cryptocurrency industry. Data shows that Solana has surpassed Ethereum to top the rankings with a trading volume exceeding $16.2 billion. The number of tokens created on the Base chain in a single day has surpassed Solana for the first time, indicating a rapid rise in developer enthusiasm.

At the same time, the market value of Solana stablecoins reached a new high of $12.885 billion, reflecting the market's preference for the Solana ecosystem. Analysts expect that under the optimistic sentiment of potential improvements in US-China trade, Solana may reach new historical highs before any adjustments.

However, the Solana ecosystem still faces some challenges. Anza disclosed vulnerabilities in Solana's validation nodes and suggested upgrading to version v2.2.8. In addition, Solana is facing questions about its scalability and degree of decentralization, and it is still in the Beta version stage.

Overall, the Solana ecosystem is developing rapidly, but investors need to pay attention to the associated risks and make cautious decisions.

4. Project News

1. The Sui ecosystem token has seen a general bullish trend, with CETUS rising 36% in 24 hours.

Sui is an emerging layer one blockchain developed by Mysten Labs, using the Move programming language. Sui aims to provide high throughput, low latency, and low-cost decentralized applications.

On April 25, according to the data, the Sui ecological token showed a general rise, of which CETUS rose 36% in 24 hours, and is now quoted at $0.191. NS is up 25% in 24 hours, ARC is up 21% and Navi is up 19%.

This market reflects the market's optimistic expectation of the development prospects of the Sui ecosystem. The SUI mainnet was launched in March 2023 and has attracted a number of high-quality projects to settle in. Among them, CETUS is the first decentralized exchange on Sui, which is a decentralized lending protocol, and Navi is a decentralized wallet. The launch of these projects is expected to promote the development of the Sui ecosystem and attract more users and developers.

Analysts believe that the rapid development of the Sui ecosystem is attributed to its innovative design concepts and technological advantages. The Move programming language provides better security and composability, which is beneficial for building complex DApps. Meanwhile, Sui adopts a novel data model and a parallel execution engine, significantly enhancing throughput. In the future, Sui is expected to become an important Web3 infrastructure.

2. Nvidia halts collaboration with Arrum and announces continued refusal of cryptocurrency elements in AI projects.

According to CoinDesk, Arrum originally planned to announce itself as the only Ethereum partner in the Nvidia Ignition AI Accelerator program, but was halted by Nvidia at the last moment, with no explanation given.

Arrum is an optimized Layer 2 scaling solution for Ethereum, developed by Offchain Labs, aimed at improving Ethereum's scalability and transaction throughput. The Nvidia Ignition AI Accelerator program is an initiative launched by Nvidia to accelerate AI innovation.

Despite ongoing attempts by cryptocurrency projects to integrate into the AI ecosystem, Nvidia has clearly excluded cryptocurrency-related projects from its Inception program. Industry insiders believe this stance stems from the negative impact and historical experiences following the 2018 ICO bubble, and there are still no signals of support being released for the cryptocurrency industry.

This decision reflects the cautious attitude of traditional tech giants towards cryptocurrencies. Although AI and blockchain technology are expected to yield synergies, regulatory issues and risks surrounding cryptocurrencies remain limiting factors. In the future, the crypto industry needs to further regulate and innovate in order to gain recognition and support from mainstream tech companies.

3. Infinitar invests $10 million in the IGC guild to incubate a new IGC mining game.

According to Mars Finance, the Web3 MOBA game Infinitar recently announced that, after a vote by its global governance committee, it will inject $10 million into the strategic partner IGC Guild. This strategic investment aims to accelerate the global expansion process of the IGC Guild and expand its global market coverage.

Infinitar is a blockchain-based MOBA game where players can earn tokens through gameplay. The IGC Guild is a DAO organization focused on blockchain gaming, dedicated to incubating and investing in high-quality game projects.

This investment will drive the IGC guild to incubate a brand new IGC mining game. The game will adopt a Play-to-Earn model, allowing players to earn IGC token rewards through gameplay. This is expected to further promote the development of blockchain games and attract more traditional gamers to the Web3 gaming space.

Analysts believe that the cooperation between Infinitar and IGC Guild represents a new development in the blockchain gaming ecosystem. By integrating high-quality content and the DAO governance model, it is expected to create a truly public-oriented blockchain game product. In the future, blockchain games are expected to become an important form of entertainment in the Web3 era.

4. Metya social dating platform token $MET listed on Gate.io

Metya is a Web3 "DatingFi" social dating platform that integrates artificial intelligence ( AI ) with blockchain technology. The project aims to create an efficient, authentic, and secure dating and social experience, rewarding users for their interactions and content contributions through its unique social mining mechanism.

On April 25th, the Metya ecosystem token $MET officially launched on the global cryptocurrency trading platform Gate.io, marking a key step in the project's path towards global expansion.

As an important token in the Metya ecosystem, $MET can be used for staking, participating in social incentives, and platform governance, providing users with rich incentive mechanisms and participation opportunities. Currently, the Metya platform has attracted millions of users, and its global community influence is rapidly expanding.

With the user base and influence of Gate.io, which has tens of millions of users, this launch is expected to bring a new round of user growth and ecological vitality to Metya, pushing it into a new stage of development. Analysts believe that Metya represents an innovative attempt at Web3 social networking, promising to provide users with a better social experience.

5. Economic Dynamics

1. The Political Bureau of the CPC Central Committee meeting: Make good use of more proactive fiscal policies and moderately loose monetary policies, and timely reduce the reserve requirement ratio and interest rates.

The Political Bureau of the CPC Central Committee held a meeting on April 25 to analyze and study the current economic situation and economic work. The general secretary of the CPC Central Committee presided over the meeting, which stressed the need to step up the implementation of a more active and promising macroeconomic policy, and make good use of a more active fiscal policy and a moderately loose monetary policy. Accelerate the issuance and use of local government special bonds and ultra-long-term special treasury bonds.

Currently, the Chinese economy is facing threefold pressures of demand contraction, supply shocks, and weakening expectations. In the first quarter, GDP grew by 4.5% year-on-year, a decrease of 3.9 percentage points compared to the same period last year. Major indicators such as industrial production, investment, and consumption have all declined to varying degrees. Inflationary pressures have eased somewhat, but remain at a high level.

To address the economic downturn pressure, the Central Political Bureau meeting proposed to intensify the implementation of macro policies. Fiscal policy will be more proactive, increasing the deficit ratio and expanding effective investments through the issuance of special anti-epidemic bonds. Monetary policy will be moderately relaxed, with timely cuts in reserve requirements and interest rates to maintain reasonable liquidity. At the same time, efforts will be intensified to support key areas, promoting stable economic operation.

Market participants believe that this meeting conveyed a signal of increased policy strength, which is beneficial for boosting market confidence. However, the downward pressure on the economy remains significant, and the effectiveness of policy implementation needs further observation. Experts indicate that macro policies should be combined with reforms to enhance the endogenous momentum of economic development.

2. The Federal Reserve Board has rescinded its guidance on banks' activities regarding crypto assets and dollar tokens, and adjusted related expectations.

The Federal Reserve Board announced the withdrawal of its previous guidance regarding banks' activities related to crypto assets and dollar tokens, adjusting expectations to support innovation in the banking system, including monitoring crypto asset activities through regular regulatory processes, revoking related regulatory letters, and collaborating with other agencies to consider providing more support.

Previously, institutions such as the Federal Reserve issued guidance requiring banks to obtain regulatory approval when engaging in cryptocurrency and stablecoin activities. However, this approach has been criticized as overly strict, hindering innovation in the banking sector within the digital asset space.

The banking industry in the United States is facing pressure for digital transformation. The demand for crypto assets and digital payment tools from consumers and businesses is continuously growing. At the same time, competition from tech giants and fintech companies is also intensifying. Therefore, the banking sector needs to embrace innovation to remain competitive.

The withdrawal of guidance is seen as a sign of support from U.S. regulators for the digital transformation of the banking industry. However, some experts worry that overly lenient regulation may pose risks to financial stability. Institutions like the Federal Reserve have stated that they will monitor banks' cryptocurrency activities through regular regulatory processes and collaborate with other agencies to establish clearer rules.

Overall, this initiative aims to balance innovation and risk management, creating a favorable environment for the development of the banking industry in the digital asset sector. However, the specific regulatory details still need to be further clarified.

3. California surpasses Japan, rising to become the fourth largest economy in the world.

California has just surpassed Japan to become the fourth largest economy in the world, following the United States, China, and Germany. This information comes from the International Monetary Fund and the U.S. Bureau of Economic Analysis, showing that in 2024, California's nominal Gross Domestic Product will reach $4.1 trillion, while Japan's will be $4.02 trillion.

As the largest state in the United States, California has a strong economic power. Industries such as technology, entertainment, and agriculture are leading globally. Silicon Valley is the world's center for technological innovation, attracting many tech giants and startups. Los Angeles is a major hub for the entertainment industry. California is also an important agricultural production base in the United States.

California's economy is growing rapidly, with an average annual growth rate of 7.5%, outpacing the United States, China, and Germany. Experts believe that California's innovation capability, talent advantage, and open and inclusive business environment are key to its continued leadership.

However, California also faces some challenges. Issues such as housing shortages, traffic congestion, and the wealth gap need urgent solutions. In addition, the differences between California and the federal government on issues like immigration and environmental protection may also affect its economic development.

Looking to the future, California needs to further improve productivity, attract talent, and strengthen infrastructure建设 to consolidate its global economic position. At the same time, sustainable development should be given high priority to promote the coordinated development of the economy, society, and environment.

4. Canadian Finance Minister: Tariffs will have inflationary effects, impacting global economic growth.

The Canadian finance minister stated that the G7 remains united, but tensions over tariffs still exist. We need to address the U.S. tariff measures, as these tariffs continue to significantly affect many Canadian goods. In a world filled with uncertainty, Canada's fundamentals provide confidence for the future. Tariffs will have an inflationary impact and affect global economic growth. More details about U.S. trade negotiations will be announced after the Canadian elections.

Currently, the global economy is facing many uncertainties. The United States is implementing trade protectionist policies, leading to tense trade relations with major economies such as China. This has exacerbated risks such as disruptions in the global supply chain and rising inflation.

As a major exporting country, Canada has been severely affected by the U.S. tariff measures. Canadian products such as steel and aluminum have faced increased tariffs, which have hindered exports. At the same time, tariffs have also raised the prices of imported goods in Canada, exacerbating domestic inflationary pressures.

The Canadian government is negotiating trade with the United States, seeking to resolve the tariff dispute. However, the negotiations are progressing slowly, and the differences between the two sides remain. The Canadian finance minister warns that if the tariff issue is not resolved, it will have a negative impact on global economic growth.

Institutions such as the International Monetary Fund have also expressed concerns about the impact of trade protectionism measures. Experts are calling for countries to strengthen cooperation, jointly maintain the multilateral trading system, and promote global economic recovery.

Overall, trade disputes have intensified the uncertainty in the global economy. Countries should resolve their differences through dialogue and consultation, avoid further escalation of trade wars, maintain stability in global industrial and supply chains, and create a favorable environment for economic recovery.

6. Regulation & Policy

1. The Federal Reserve withdraws guidance on banks' cryptocurrency assets and dollar token operations.

The Federal Reserve announced on Thursday the withdrawal of regulatory guidance regarding banks' cryptocurrency assets and dollar token operations, while also updating relevant business expectation standards. This move aims to ensure that regulatory requirements keep pace with the evolution of risks and further support innovation in the banking system.

Background: In 2022, the Federal Reserve issued a regulatory letter requiring state member banks to report in advance on proposed or existing cryptocurrency asset business. With the changing regulatory environment for cryptocurrency assets, the Federal Reserve believes it is necessary to adjust the relevant policies.

Policy content: The Federal Reserve officially abolishes the regulatory letter issued in 2022, no longer requiring banks to fulfill reporting obligations, and will instead monitor related activities through regular regulatory procedures. Also abolished are the 2023 guidance documents regarding the "no objection" procedure for state member banks participating in dollar token operations. In addition, the Federal Reserve and the Federal Deposit Insurance Corporation jointly decided to withdraw two policy statements regarding banks' cryptocurrency business and risk exposure that were jointly issued in 2023.

Market Reaction: This move is seen as U.S. regulators further easing restrictions on banks' cryptocurrency asset operations. Industry insiders believe this will create a more favorable environment for banks to participate in the cryptocurrency asset market. However, there are also views that regulatory easing may bring new risks.

Expert Opinion: Oppenheimer analysts indicate that this move reflects a shift in the attitude of regulatory agencies towards the regulation of crypto assets. Fundstrat analysts point out that this will provide banks with greater flexibility, but at the same time, stronger risk management capabilities will be required.

2. South Korea's major right-wing political parties are promoting the establishment of new laws to support the development of the cryptocurrency industry.

The main right-wing party in South Korea, the People Power Party, officially announced on Friday that it will promote a new bill aimed at fostering the development of the local cryptocurrency industry.

Background: South Korea's cryptocurrency regulatory policies have been relatively strict, making it difficult for foreign capital to enter the local market, while domestic capital is also flowing out. The People Power Party believes that excessive regulation hinders industry development.

Policy Content: Jin Xiangxun stated that the country needs to end the "era of uncertainty and regulation" and embrace the era of digital asset promotion. The specific details of the new bill will be announced next Monday, but it is expected to relax restrictions on institutional investors investing in cryptocurrencies and consider allowing foreign investors to enter the local market.

Market reaction: After the news broke, the trading volume on the South Korean cryptocurrency exchange Up significantly increased. Industry insiders believe that the new bill will bring new vitality to the South Korean cryptocurrency market.

Expert Opinion: Financial technology expert Park Sang-hoon stated that the new legislation will help attract foreign investment and promote the development of the South Korean cryptocurrency industry. However, he also warned that regulatory relaxation needs to be balanced with risk management.

3. Citigroup predicts that the market value of stablecoins may reach $3.7 trillion.

Citigroup's latest report predicts that in an optimistic scenario, the supply of stablecoins could increase tenfold by 2030, reaching $3.7 trillion.

Background: With the increase in regulatory clarity, growing institutional interest, and rising global demand for dollar-denominated digital assets, the application scenarios for stablecoins are expanding from the cryptocurrency sector to a broader range of financial and public sector fields.

Policy Content: The report indicates that the clarification of U.S. regulatory policies may become a major catalyst for increasing the acceptance of stablecoins. With the dual push of increasing regulatory support and the rising adoption by financial institutions, the market value of stablecoins is expected to reach a high of $3.7 trillion by 2030.

Market Reaction: Stablecoin issuers responded positively to this report. Companies like Circle stated that stablecoins are expected to become the new standard for global payments and settlements. However, there are also opinions that excessive reliance on stablecoins may introduce new systemic risks.

Expert Opinion: Citigroup analysts believe that the regulatory framework for stablecoins could create new demand for U.S. Treasury bonds and make stablecoin issuers significant holders of these bonds before 2030. However, some experts also caution that the development of stablecoins needs to address challenges such as immature technology and poor interoperability.