The Crypto Assets field is undergoing a profound transformation. In the past, many mocked the lack of practical application value of Crypto Assets, viewing them merely as speculative tools or a refuge for criminals. However, this viewpoint is now outdated.

Recent developments indicate that Crypto Assets are gradually integrating into the mainstream financial system. On July 18, an important piece of legislation—the Stablecoin Act—was signed into law, providing a much-needed regulatory framework for the stablecoin market. This initiative reflects policymakers' recognition of the potential of Crypto Assets and injects new momentum into industry development.

At the same time, traditional financial institutions are also beginning to actively embrace encryption technology. "Tokenization" has become a new trend, with various assets, from stocks to money market funds, and even private equity and debt, being traded on the blockchain. This phenomenon is reshaping the way assets are traded, enhancing efficiency and transparency.

However, this revolution has also sparked different reactions. Some people are filled with hope for the future of Crypto Assets, believing it could become an important part of the global financial system. Others express concerns about its potential risks, fearing it may disrupt the existing financial order.

Regardless, the rapid development of the Crypto Assets industry is an undeniable fact. With continuous technological advancements and the gradual improvement of the regulatory environment, we may be witnessing the beginning of a new financial era. In the future, finding a balance between innovation and stability will be an important challenge faced by both decision-makers and market participants.