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Michael Saylor stated that combining capital, credit, and currency presents multi-trillion-dollar opportunities, and that digital credit enabled Strategy to purchase 175,000 BTC during this year's bear market. (Bitcoin Treasuries.NET)

Golden Finance July 1｜Federal Reserve watchers expect that the tone and remarks of Waller tonight will be basically the same as his first press conference on June 17. In the last conference, Waller emphasized the importance of price stability and significantly reduced the use of forward guidance, which previously hinted at officials' next moves in rate policy. In addition, investors expect Waller to continue his hawkish stance and maintain controlling inflation as his top priority. James, chief international economist at ING, stated that Waller's commitment to price stability largely eliminates concerns about the politicization of the Federal Reserve. He expects Waller to make similar comments again. James added that Waller will inevitably be asked tonight about the impact of fiscal policy on inflationary pressures. His response could be interesting, especially since his June 17 remarks raised market expectations for rate hikes. Waller is also unlikely to comment much on the Supreme Court's recent ruling, which blocked Trump from removing Cook from the Federal Reserve. “It’s hard to imagine any aggressive questions,” James said. “On the contrary, everything will be arranged in an orderly manner, and other central bank governors will be happy to assist the newcomer.”

Circle co-founder Jeremy Allaire stated in a post that stablecoin networks are essentially internet platform businesses, with network effects and liquidity being decisive factors. Jeremy Allaire raised questions about consortium-style stablecoins such as OUSD, arguing that multi-party alliance structures face issues such as slow decision-making, inconsistent incentives, and lack of long-term execution capability, and also lack profitability to support infrastructure investment.