HTX DeepThink: If the GENIUS Act is passed, it will benefit stablecoin payments and on-chain financial management

Mars Finance News: On May 21, HTX DeepThink columnist and HTX Research analyst Chloe (@ChloeTalk1) pointed out that if the GENIUS stablecoin bill passes, it will lower long-term US Treasury bond rates and guide more "dollar-style" liquidity into the chain, potentially bringing a new wave of upward momentum for Bitcoin. Currently: · US 10-year Treasury bond yield drops to 4.46%, MOVE index falls to 101; · The US Treasury's $40 billion bond repurchase is seen as "hidden QE", with continued loose funding environment; · 97% of Bitcoin addresses are profitable, with ETF net inflow of $330 million in a single day; · BITO put/call ratio is only 0.40, with market sentiment clearly bullish. Chloe noted that if US Treasury bond yields fall below 4.2%, BTC is expected to challenge its historical high. In this context, stablecoin payment and on-chain financial management sectors, especially TRX and Sonic ecosystem, will usher in potential breakthrough opportunities.