The main point of the US update on the main account proposal is that cryptocurrency companies may have the opportunity to connect more directly to the US dollar payment system in the future.

Currently, many platforms rely not so much on trading but on banking channels.
If banks tighten cooperation, deposits, withdrawals, and dollar settlements will all be affected.
Therefore, the Federal Reserve Board has started discussions that some fintech and crypto companies may not need to become OCC-licensed banks in the future, but could still gain access to the payment system.
This means that businesses like stablecoins, on-chain payments, and dollar settlements may become more stable moving forward.
At the same time, Trump has signed an executive order requiring stronger enforcement of the Bank Secrecy Act rules.
The message is clear: entry into the payment system will be allowed, but regulation will not be relaxed.
So now, the US’s direction is increasingly like opening payment access for the crypto industry while raising compliance thresholds.
In the future, those most likely to survive are platforms with payment capabilities, banking resources, and compliance systems.
#支付系统 # Stablecoins #On-chain Payments