Eurozone June CPI year-on-year preliminary value

#NFM# Soon and suddenly there will be an explosion

#NFM#

#NFM# it's dragging the rise there.... Yet everything is there

Recently, the chairman of the Hong Kong Investor and Financial Education Council (IFEC), Du Gan-kun, expressed his views on the future application prospects of stablecoins. He pointed out that the main function of stablecoins is to serve as a tool for cross-border remittances. Du Gan-kun believes that if stablecoins can gain broad recognition and acceptance in society, it may significantly drop the relevant costs of cross-border payments. Du Gankun explained that stablecoins are a type of virtual currency, but unlike traditional cryptocurrencies, they are usually issued by private institutions and are backed by mainstream fiat currency assets such as the US dollar. This characteristic makes stablecoins relatively stable in value, making them more suitable for everyday transactions and cross-border payments. As the process of globalization deepens, the demand for cross-border payments is increasing. Traditional cross-border remittance methods often face issues such as high costs and long cycles. If stablecoins can play a role in this field, they could not only bring more convenience to individuals and businesses but also drive innovation and development in the entire payment industry. However, Du Guankun also reminded that although stablecoins have potential advantages, their widespread application still faces various challenges such as regulation, technology, and market acceptance. Relevant parties need to work together to establish a sound regulatory framework to ensure the safety and stability of stablecoins, so that they can truly leverage their advantages in cross-border payments.

Comparing the GameStop short squeeze of 2021 to the announcement of their Bitcoin purchase in May 2025. To say they fumbled the bag as a Bitcoin treasury company is an understatement.