‍#马泰央行加入新加坡bloom稳定币倡议 [Follow Laojiu, and wealth is yours] Three Southeast Asian countries join forces to advance stablecoin settlement! $XRP , $ETH , or USDC—which deserves more attention? Competition among stablecoins is moving beyond exchanges and into cross-border payments. On October 23, the Monetary Authority of Singapore announced that Bank Negara Malaysia and the Bank of Thailand had officially joined the BLOOM initiative. The three parties will work with financial institutions to explore the acceptance, exchange, and settlement of different digital currencies in cross-border transactions. 1️⃣ XRP: Industry ties are already in place. Ripple has participated in BLOOM, and cross-border payments have long been one of its areas of focus. If different countries’ digital currencies need to be exchanged and settled more efficiently in the future, cross-border payment infrastructure is certainly worth watching. But there’s a key distinction: Ripple’s participation in the project does not mean BLOOM has adopted XRP as a settlement asset. 2️⃣ USDC: Compliant stablecoins may find more use cases. Circle is also a participant in BLOOM. The initiative is exploring how regulated stablecoins can be used for cross-border payments, corporate treasury management, and trade finance. If these use cases take off, stablecoins may become more than just a tool for traders buying and selling crypto assets; they could also become part of how businesses settle funds. 3️⃣ ETH, RWA: Infrastructure opportunities worth watching over the long term. BLOOM is also studying how different networks can interoperate, and its related pilots allow for the exploration of public blockchains. This creates potential areas of interest for ETH and other smart contract ecosystems: if more bank deposits, bonds, and funds are tokenized in the future, demand for on-chain settlement may grow accordingly. Laojiu’s take: The biggest significance of this news is that traditional finance is building a connective layer for cross-border digital currencies. $BTC $ETH $XRP

$XRP If you believe in short squeezes, then you should also believe in long squeezes. It's that simple. 🤡👍

$XRP Time frames: 1 minute, 3 minutes, 5 minutes, 15 minutes, 30 minutes—all time frames have an evening star. Be careful with the USDT you place in long contracts. 🤡👍