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📅 February 20 - United States | In new guidance issued by its Trading and Markets Division, the regulator indicated that it will not object to broker-dealers applying a 2% “haircut” to their own positions in certain stablecoins.

📖The concept of a “haircut” involves discounting a percentage of an asset’s value when it is used as collateral, reflecting its risk. More volatile assets receive larger haircuts.
The SEC’s acceptance of a 2% haircut places certain stablecoins practically on par with money market funds backed by Treasury bonds, cash, and short-term government securities.
Commissioner Hester Peirce emphasized that stablecoins are essential for operating on blockchain infrastructure and that their use will allow brokers to expand activities related to tokenized securities and crypto assets.
The move is part of a broader shift by the regulator toward a more constructive stance with the digital sector.
In the past year, the SEC launched a crypto task force, spearheaded Project Crypto to modernize regulations, and is preparing a potential innovation exemption to integrate tokenization into capital markets.
Meanwhile, federal agencies are working to implement the GENIUS Act, which establishes a federal framework for stablecoins and was passed last year.
Industry analysts believe this adjustment eliminates a significant friction point. Tonya Evans noted that a 2% haircut completely changes the economic equation for brokers. Luigi D’Onorio DeMeo stated that the measure reduces barriers to deeper integration into traditional finance, improving liquidity and settlement efficiency.
In practical terms, the decision could facilitate stablecoins becoming structural components within institutional financial flows.

Topic Opinion:
It’s not a sensational headline, but it is a concrete step toward the institutional normalization of stablecoins. If the regulatory framework continues to evolve with clarity and balance, we will see more traditional capital flowing into crypto infrastructure in a sustainable way.
💬 Do you think this change will drive mass adoption of stablecoins?

Leave your comment...
#SEC #Stablecoins #Tokenization #WallStreet #CryptoNews $USDC $USDT $USD1

When institutions sell large volumes of PUTs on $TSLA , they’re really saying:
"We’re ready to buy the stock at a cheaper price."

This is a bullish stance, earning income from premiums.

As long as the stock stays above the strike, the seller profits.

While the strike level holds, downside pressure is limited.
#TSLA #OptionsFlow #Bullish #WallStreet #StockMarket

最近廣場上有一篇討論很熱烈，提出了一個非常尖銳且真實的質疑：
「FOGO 的 40 毫秒極速，會不會像一台光鮮亮麗的跑車，平時跑得快，但一遇到高併發的複雜場景，就容易拋錨、當機？」
老實說，我非常欣賞這種帶有批判性的獨立思考。畢竟在過去幾年，我們看過太多標榜「極速」的新興公鏈，最後在流量壓力下變成拔插頭的「當機鏈」。速度與穩定，似乎永遠是個互斥的難題。🤔
但如果你因為這個擔憂而看空 @Fogo Official ($FOGO )，那可能是因為你用「散戶玩家」的思維，去揣測了「華爾街巨鱷」的佈局。
👇 讓我們回到這條賽道的最源頭，看看這台車是誰造的。
FOGO 的共同創辦人 Douglas Colkitt，在創辦頂級 DEX Ambient Finance 之前，是 Citadel Securities（城堡證券） 的頂尖量化研究員。
在 Citadel 這種全球最大的做市商裡，他們面對的是什麼環境？是每秒鐘數百萬次的報價與交易。對華爾街的高頻交易員來說，慢一毫秒是虧損，而「系統當機（拋錨）」，則是絕對無法容忍的災難。📉
Douglas 打造 FOGO，根本不是為了一味追求「表面上的快」來當作行銷噱頭。他採用大膽的「同地共識（Colocation）」架構，本質上是為了解決網路抖動，追求**「極端環境下的絕對穩定與確定性」**。
再看看另一位共同創辦人 Robert Sagurton。他曾是 Jump Crypto 的高管，並在摩根大通（J.P. Morgan）深耕多年。
這代表著，FOGO 這個專案從寫下第一行代碼開始，就是為了承接「機構級資金」而準備的。華爾街的聰明錢（Smart Money）有極度嚴苛的風控潔癖，他們絕不可能把數十億資金，放在一台會隨時拋錨的玩具車上。🏦
所以，FOGO 是跑車嗎？
不，它是一台由頂級金融工程師親手打造、配備了防爆輪胎與 Firedancer 鈦合金引擎的 「重裝甲 F1 戰車」。🏎️🛡️
它的速度，只是因為它清除了所有不必要的路障；而它的穩定，才是這兩位創辦人真正想賣給華爾街的終極武器。
📢 【起司國王的思考題】
在加密市場裡，我們常看到一些專案靠著「花俏的行銷」暴漲，但我更相信「解決實際應用痛點」的硬實力。
面對 FOGO 這種充滿爭議但技術硬核的新物種，你是選擇**「因為未知而恐懼」，還是「因為看懂而興奮」**？
👇 在留言區告訴我你的答案！如果你覺得這篇破解了你的疑慮，請立刻點擊右上角「追蹤」按鈕！
明天，我將揭露 FOGO 生態中，散戶最容易參與的「第一波造富機會」。別讓自己掉隊了！🧀👑
#fogo #defi #WallStreet #CheeseKingdom