The Battle Between Political Endorsement and Financial Rationality Recently, someone asked whether USD1, after being repeatedly flagged for FUD (Funds, Uncertainty, and Demand), is worth holding. My answer is always: go back to first principles. You need to look at who the underlying operators of this project are. As a project backed by a top American political family, what are their goals? Are they misappropriating funds to make a small profit, or are they pushing it to a supply of 100 billion or even higher, thereby controlling the global cryptocurrency pricing power? Based on the assumption of rational actors, the legal risks and political costs of misappropriating funds far outweigh the long-term compliance profits from large-scale adoption. Add to that the Trump family's own wealth, and this implicit "credit collateral" is actually stronger than any financial statement. Many people are bearish because they don't understand politics, while I'm bullish because I see the restructuring of Web3 by compliance forces. USD1's rapid return to its FUD peg and listing on Binance is itself a display of strength. It not only has top-tier political resources but also robust technical capabilities. In this context, those so-called "audit challenges" seem extremely naive. Focusing on high-yield, well-backed stablecoin investments at this stage is actually the highest level of defense. Understand the trends and don't be swayed by basic panic. @worldlibertyfi @shawncgeek @WatcherChase
This article is machine translated
Show original

Eric Trump
@EricTrump
03-04
The “Big Banks”—the very institutions that have held a monopoly and screwed their customers for years, offering near-zero yields on retail Money Market Accounts while crushing low-balance accounts with exorbitant fees—are now doing everything they can to block the Crypto industry

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content


