With the Azure Dragon on the left and the White Tiger on the right, Falcon's two-way stablecoin business can make your wallet bulge. With the passage of the Genius Bill, Coinbase, as a major participant and beneficiary of compliance, has been lobbying and anticipating revenue growth, which is reflected in the rapid increase in the valuation of the stock I previously traded ($crcl). Tether has proven with its strength that, regardless of the state of the crypto, the most profitable business is still stablecoins. This reveals two paths that the stablecoin business has explored in the current state: One approach is to use financial means to exploit regulatory loopholes for regulatory arbitrage. Early articles on Bihu mentioned the Holy Grail of stablecoins, suggesting that stablecoin application scenarios are more like "regulatory arbitrage" in today's financial market. In the Web3 industry, a native stablecoin on a single chain represents a lightweight lending protocol, eliminating the need for cross-chain asset encapsulation, reducing the types of collateral, and improving capital efficiency in shaping lending behavior and interest rates. DeFi-based stablecoins, especially yield-generating stablecoins, fall into this category. For example, Falcon Finance previously issued overcollateralized USDF, which is now among the top ten stablecoins on Ethereum. Second, embrace the financial scenarios following the passage of the bill. This is the purpose of the Genius Act. The Genius Act can make stablecoins a policy tool, giving them the functions of macroeconomic fiscal and monetary policies. Stablecoins are evolving from a trading tool in the crypto industry into a "currency layer" and "financial infrastructure" for the internet and AI economies. Whoever controls the right to mint coins or obtains a minting license will be the first to seize the commercial value of compliant stablecoins in payment, settlement, and other scenarios, replacing traditional financial instruments. Falcon has officially announced the launch of the fUSD stablecoin. Issued by Anchorage Digital Bank in partnership with Falcon Finance, fUSD is the first GENIUS-ready stablecoin listed on Ceffu with a reward mechanism. Left hand $USDf Synthesize USD to embrace the basic returns of the DeFi native market; Right hand $fUSD Build a compliant stablecoin and institutional-grade USD liquidity base currency layer. $FF is getting more and more awesome.

For someone as timid as me, let's test the waters.