I completely agree with Brother Wu's viewpoint, and even yesterday the chairmen of the SEC and CFTC made similar statements. Even though the clarity bill has not yet passed, both divisions have tools that can continue to support cryptocurrencies.

For me, what I want to do the most right now, and what I want to see, is being able to use stablecoins to purchase U.S. Treasury bonds. Although there are already many RWAs in stocks, there are still too few in bonds. Indeed, BlackRock, Fidelity, and Franklin Templeton are all involved, but they are facing professional investors, not the general public.

Recently, I also consulted some lawyers in Singapore. There are indeed methods to execute this, but it is very convoluted. I have also reached out to some compliance banks and brokerage partners to see if there are any opportunities to move this forward.

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