#稳定币市场发展 BlackRock's latest outlook is worth noting — stablecoins are systematically impacting the global monetary landscape. Data shows that emerging markets face the most direct pressure: Standard Chartered Bank's warning has quantified the risk, with potential deposit outflows exceeding one trillion dollars. This is not a hypothesis, but the actual direction of cash flow.

Things are also not calm on the US side. The passage of the "Genius Act" has given crypto companies the authority to be banned from traditional banks, and the appeal of quasi-yield products should not be underestimated. Samara Cohen's statement is very important — the positioning of "bridge" means that stablecoins have moved from the periphery to the hub, facilitating the two-way conversion between traditional finance and digital liquidity.

The core logic is: increased adoption → decreased fiat control → accelerated capital migration. Central banks in emerging markets should feel the pressure; exchange rate fluctuations and foreign exchange reserve management will become more complex. The continuous growth of on-chain stablecoin balances can confirm this trend, and it is worth continuously monitoring the flow data of major exchanges and cross-chain bridges. This round of changes will ultimately be reflected in policy responses.