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5 Must-Read Articles for the Evening | Is the Dollar Stablecoin Bill Really a Genius Bill?
1. Full text of the speech by U.S. Vice President JD Vance at the Bitcoin 2025 conference
You know, the Secret Service is a bit nervous because I told them that those Bitcoin guys really like guns, but they also really like the President and Vice President of the United States, so I think we're good. Click to read.
2. After attending the Trump dinner, I believe that America is still worth betting on.
On May 22 local time, the Trump dinner was held as scheduled at Trump’s private estate, Mar-a-Lago, in Washington. Users holding the top 220 positions of Trump tokens as of the snapshot on May 12 participated in the dinner. This dinner was not only a feast for crypto enthusiasts but also brought together professionals from various industries. Click to read.
3. The Dusk of Native Cryptocurrencies
How did cryptocurrencies go from the fringes to the mainstream? Over the past decade, decentralized blockchain systems have created a regulatory wilderness for the world. Satoshi Nakamoto's vision of a peer-to-peer electronic cash system may not have lived up to its expectations, but it opened the door to a parallel world. It's a world where law, government, society, and even religion can't be controlled – an internet that exists on an infinite number of nodes and is not controlled by a centralized authority. Click here to read
4. Why do we need stablecoins?
Stablecoins are a type of currency system design that differs from both fiat digital currencies and cryptocurrencies. Here we have used a somewhat awkward term "currency system design" because we are not yet sure if it qualifies as a true form of currency. Click to read.
5. Is the US Dollar Stablecoin Act really a genius act?
Recently, there was a significant event in the crypto space, as the U.S. Senate passed the so-called stablecoin bill motion with 66 votes in favor and 32 against, moving into the federal legislative stage. The full name of this bill is the "Guiding and Establishing National Innovation for Dollar Stablecoins Act," and its English acronym happens to be GENIUS, hence the nickname "Genius Bill." Click to read.