#加密货币监管政策# This new regulatory rule can be said to have given stablecoins an opportunity for a proper naming. The SEC classifies some stablecoins as cash equivalents, which is a favourable information signal for the entire crypto market. However, let's not get too excited too early, as this is just a preliminary guideline, and specific operations still need to be observed. I suggest that everyone can follow the movements of mainstream stablecoin issuers like Circle and Tether to see if they will make adjustments according to the new regulations. In addition, this also gives some emerging stablecoin projects an opportunity; if they can design a compliance mechanism that meets the regulations, they might be able to share the pie. Overall, this is a step towards normalization, which is a good thing for long-term development.