**[4E: Tether Launches New Stablecoin, Trump Ally Takes the Helm]** September 15 news, according to 4E's observations, the stablecoin market is set to undergo significant changes. Last Friday, Tether announced plans to issue a new USD stablecoin, USA₮, which will be managed by a U.S.-based entity and fully designed in compliance with federal stablecoin regulations. The company also appointed former Trump administration official Bo Hines as the CEO of USA₮. Unlike USDT, which has a market cap of nearly $170 billion, USA₮ will focus on the U.S. domestic compliance market. The issuance date has not yet been disclosed. Bitcoin treasury company Empery Digital (EMPD) revealed that it has completed a $14.5 million stock buyback plan, repurchasing approximately 2 million shares at a price below its net asset value. As of now, the company holds a total of 4,081.39 BTC, with a total acquisition cost of approximately $480 million, averaging $117,500 per BTC. Solana treasury company SOL Strategies CEO Leah Wald stated that although the company remains at a disadvantage in the highly competitive crypto treasury market, it has delegated approximately 3.6 million SOL (valued at over $820 million) to validators. She believes that being "undervalued is an advantage" and that the company's resilience will become more evident in the long term. 4E reminds investors: The compliance of stablecoins, treasury companies increasing their holdings, and the expansion of public chain ecosystems are injecting new narratives into the market. However, in the short term, the market remains influenced by macroeconomic policies and regulatory developments. Investors are advised to stay aware of risks, diversify their portfolios reasonably, and balance attention to trending opportunities.