Agent of "1011 Insider Whale": Rick Rieder's election as Fed Chairman is beneficial to ETH and RWA.

According to Mars Finance, Garrett Jin, an agent of "1011 Insider Whale," posted on the X platform that the probability of BlackRock executive Rick Rieder becoming the next Federal Reserve Chairman has risen to 59.9%, significantly ahead of Kevin Warsh (22%). It is understood that Trump has completed interviews and has a clear preference. Rick Rieder has gained approval for his central bank-like composure and bold Fed reform ideas, and the result could be announced as early as next week. If elected, there will be two major benefits: first, the on-chain implementation of RWA will proceed more smoothly, regulatory friction will decrease, and institutional funds will flow in more quickly; second, the stability of US Treasury bonds and the bond market will be enhanced, improving the efficiency of Treasury bond issuance and balance sheet repair, which aligns with the current administration's policy orientation. Market opinion believes that Rick Rieder's appointment as Fed Chairman is a huge boon for RWA and ETH, and the RWA narrative is expected to further gain momentum.