The New York Stock Exchange recently announced the development of an on-chain US stock trading platform, enabling 24/7 continuous trading. Behind this major news, which crypto projects are expected to benefit? Let's analyze them one by one.
First, let's look at the stablecoin sector. What is the core requirement of the on-chain US stock platform? Liquidity. The NYSE will definitely need on-chain USD to support platform operations, and USDC, as one of the most compliant stablecoins, has an 80% probability of being chosen. Once officially announced for cooperation, the related tokens are likely to experience a surge.
Next is the oracle infrastructure. To trade real-time US stock data on-chain, it must rely on oracles to continuously provide on-chain data support. There are almost no other options in this area; the leading projects in this field are highly likely to be selected, with an 80% probability. Once officially announced, the market is expected to react strongly.
Currently, this project is still in the SEC approval stage. The real points of interest are threefold: first, whether the regulation will pass; second, who will ultimately be chosen for the stablecoin solution; third, whether the technical route explicitly names a partner. If you want to participate, you can either buy on dips for a long-term position or wait for specific news to land before following up. The market will always provide an answer.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
3
Repost
Share
Comment
0/400
MetaverseLandlady
· 16h ago
Another 80% chance? This time it's really not a joke, haha
View OriginalReply0
fren_with_benefits
· 16h ago
Is the NYSE doing on-chain trading? Sounds impressive, but I'm worried it's just a PR stunt. Can they really get through SEC approval?
View OriginalReply0
SchrodingerWallet
· 16h ago
New York Stock Exchange on-chain trading? Sounds good, but I'm just worried it might be another PPT wealth creation scheme haha.
USDC definitely has a chance, but an 80% probability of this statement might be a bit too confident, who can say for sure about regulation?
Oracles are worth paying attention to, but before the official announcement, it's all just guesses.
Let's wait for the news to land, anyway it's not going to rise right now, so no need to rush.
The New York Stock Exchange recently announced the development of an on-chain US stock trading platform, enabling 24/7 continuous trading. Behind this major news, which crypto projects are expected to benefit? Let's analyze them one by one.
First, let's look at the stablecoin sector. What is the core requirement of the on-chain US stock platform? Liquidity. The NYSE will definitely need on-chain USD to support platform operations, and USDC, as one of the most compliant stablecoins, has an 80% probability of being chosen. Once officially announced for cooperation, the related tokens are likely to experience a surge.
Next is the oracle infrastructure. To trade real-time US stock data on-chain, it must rely on oracles to continuously provide on-chain data support. There are almost no other options in this area; the leading projects in this field are highly likely to be selected, with an 80% probability. Once officially announced, the market is expected to react strongly.
Currently, this project is still in the SEC approval stage. The real points of interest are threefold: first, whether the regulation will pass; second, who will ultimately be chosen for the stablecoin solution; third, whether the technical route explicitly names a partner. If you want to participate, you can either buy on dips for a long-term position or wait for specific news to land before following up. The market will always provide an answer.