In-depth analysis of Upbit’s US IPO: More profitable than Coinbase, yet valued at only 1/7. | Bee Network
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Compiled by: Block unicorn As traditional finance (TradFi) faces challenges in addressing technological innovation and growing consumer demand, stablecoins have emerged as one of the most influential and controversial products. The United States (including policymakers and the private sector) has increasingly recognized that stablecoins can serve as a powerful tool to fund the world’s largest economy, with US Treasury bonds being its safest financial instrument. A recent research report by Standard Chartered Bank points out that stablecoins could negatively impact the stability of financial institutions in developing countries, triggering large-scale deposit outflows and weakening the power of local central banks. The story of stablecoins is evolving and could lead to two very different financial outcomes: the most enthusiastic users (emerging markets) could further undermine the economic infrastructure they are trying…# Analysis# crypto# defi# ethereum# Exchange# MarketPre
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