📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Recently, the dynamics of the crypto assets market have attracted more attention than the market trends themselves. Fed Chairman Powell has proposed a strong regulatory framework for stablecoins, and both Hong Kong and Shanghai have successively introduced significant measures. Even Trump has stated he wants to become the 'crypto assets president.' These events indicate that the competition for global financial power has far exceeded mere speculative behavior and is involved in a transformation of an entire era.
Currently, Wall Street's attitude towards Crypto Assets has shifted from mutual blame to actively competing for market share. Stablecoins have become the new focal point of competition. In the past, different regulatory agencies had disagreements on the classification of Crypto Assets, leading to a regulatory vacuum. In this context, some significant events such as the collapse of Terra and the exposure of USDT reserve issues have caused enormous economic losses.
Nowadays, regulators are beginning to clearly delineate responsibilities. For stablecoins issued by the banking system, the Fed and banking regulatory bodies require 100% reserves and real-time audits, primarily for corporate cross-border transfers. This means that stablecoins issued by large financial institutions will become the official representation of the 'digital dollar'.
For other stablecoins, the Securities and Exchange Commission (SEC) will be responsible for regulation, requiring the disclosure of asset details and strictly prohibiting false reserves. This means that widely used stablecoins like USDT and USDC will face stricter transparency requirements.
These changes indicate that the Crypto Assets market is entering a new stage of development. Strengthened regulation may bring short-term uncertainty, but in the long run, it will help establish a healthier and more transparent market environment. For investors, understanding these changes and making corresponding adjustments will be crucial.
In this rapidly changing environment, opportunities and challenges coexist. Projects that can adapt to new rules and maintain innovation may gain a competitive edge in future markets. At the same time, investors need to be more cautious and pay attention to the compliance and long-term development potential of projects.
Overall, the Crypto Assets market is undergoing a profound transformation. This is not only an investment opportunity but also an important part of the evolution of the entire financial system. Whether participants or observers, everyone needs to remain vigilant and closely monitor the developments in this field.