Recently, the Fed has implemented a rate cut policy, which is not a one-time measure. The market expects further rate cuts in October, so the current market environment is still worth following and participating in.

At the same time, the WLFI project has also welcomed three important development opportunities. First, the WLFI application is about to be launched. Although the progress on the U.S. side is slightly slower, the project will eventually arrive as scheduled. Second, the proposal for the fee buyback and burn will begin execution at midnight on the 19th, which will directly impact the circulating supply and can be seen as a precursor to the project's development. Finally, a series of new projects supported by USD1 are about to be unveiled, including the stablecoin project FF from dwf, as well as several high-quality projects set to launch on the first official incubation platform, block.

It is worth noting that the cryptocurrency industry is undergoing significant changes. With the changing policy environment and the continuous emergence of new projects, we may witness further development and popularization of cryptocurrencies in the United States and even globally. This process may bring new opportunities, but it also comes with challenges and risks. Investors need to remain vigilant, conduct thorough research, and manage risks when participating in the market.