4E: Federal Reserve meeting minutes focus on stablecoins, Eric Trump raises Bitcoin target again

ChainCatcher news reports that according to 4E observations, the term "stablecoin" was mentioned eight times in the latest Federal Reserve meeting minutes, indicating it has become a focal point of policy discussions. Participants noted that with the recent passage of the GENIUS Act, the use of payment stablecoins may increase and have a profound impact on the financial system. U.S. Treasury Secretary Janet Yellen stated that stablecoins will drive global dollar usage and increase demand for U.S. Treasury bonds.

In U.S. politics, Senator Cynthia Lummis indicated that the crypto market structure bill will be submitted to President Trump before Thanksgiving, clarifying the regulatory division of responsibilities between the SEC and CFTC. Goldman Sachs, in its latest research report, pointed out that it is too early to say that stablecoins will disrupt traditional finance, and it is more optimistic about Robinhood's potential in crypto innovation, while Visa and Mastercard may play an active role in stablecoin payments.

At the market and institutional level, Eric Trump, the son of former President Trump, reiterated at the Jackson Hole SALT conference that Bitcoin will break through one million dollars and reaffirmed his prediction of $175,000 by the end of the year. Meanwhile, the exchange Kraken announced the acquisition of the Israeli no-code trading platform Capitalise.ai to enhance user trading automation features. Hong Kong-based Ming Cheng Group announced an investment of $483 million to purchase 4,250 Bitcoins, further reflecting traditional enterprises' bets on BTC.

4E reminds investors: Policy and institutional dynamics are accelerating in sync, and the dual driving effect of stablecoins and Bitcoin is worth paying attention to. However, short-term volatility and regulatory implementation risks remain, and investors are advised to focus on position management and cyclical rhythms.