#稳定币 Wait, I just saw some news—did the Federal Reserve actually withdraw its previous restrictions on banks dealing with crypto?🤔 What does this mean? Can banks now directly deal with Bitcoin, Ethereum? Can they also issue stablecoins?

I have to admit, I was a bit confused about the concept of "stablecoins" before. I always felt it was somewhere between traditional finance and the crypto world, with a bit of a gray area. But now that banks are involved, it seems stablecoins might really become the bridge connecting the two worlds.

What’s behind this policy shift? It’s just that regulators are gradually understanding the value of crypto assets. Last year, they were strongly opposed to this, and now they’ve changed their tune. The most interesting part is that not all banks can do this freely; they need to apply case by case. It feels like the rules are still being figured out.

Can an expert explain what the true purpose of stablecoins is? Why is it so important for banks to issue stablecoins? I’m also considering acquiring some stablecoins as reserves, but I want to understand their logic first. Could this be a good entry point?