The U.S. Treasury market, once regarded as a global financial safe haven, is facing an unprecedented new threat – stablecoins. This threat does not come from traditional Wall Street financial institutions or foreign governments, but from the rapidly developing world of cryptocurrencies. XBIT (DEX Exchange) strategist said: With the advancement of cryptocurrency regulation, stablecoins are directly entering the short-term government debt market and reshaping the underlying logic of the global financial system. TWITTER : @XBITDEX   The bill, which could be passed by the Senate as soon as next week, would allow stablecoins to be further pegged to Treasury...

  Recently, the on-chain activities of the Ethereum [ETH] ecosystem have shown significant signs of recovery, from user participation to capital inflows into decentralized finance (DeFi), all of which have released strong bullish signals. XBIT data shows that ETH is gradually accumulating momentum to break through the key resistance level of $2,824, but the market still needs to be vigilant about short-term volatility risks.   TWITTER : @XBITDEX   Since the beginning of June, the number of weekly active addresses of Ethereum has jumped to 17.4 million, a record high. XBIT (DEX Exchange) analysts said: This growth not only reflects...