This issue has sparked a lot of controversy in the comments section. Is it not acceptable to speak positively about Ethereum? Must it be FUD to be politically correct?

The reasons for saying that the signing of the stablecoin legislation before the summit in August may be beneficial to Ethereum are as follows:

1) The Ethereum ecosystem has not made significant progress in this bull market, but it cannot be denied that most mainstream stablecoins in the current market, such as USDT (Tether) and USDC (the dollar stablecoin issued by Circle), heavily rely on the Ethereum network. The proportion of stablecoins dependent on Ethereum exceeds 70%, and the security and stability of Ethereum's smart contracts make it an ideal platform for issuing and trading stablecoins.

2) Secondly, Ethereum is the core of the DeFi ecosystem, and stablecoins are an important component of DeFi (such as lending, liquidity pools, etc.). If stablecoins gain legal status and are used more widely, the demand for DeFi protocols may further increase, which will solidify Ethereum's position as the foundational platform for DeFi, indirectly benefiting ETH.

The reason it is said to be "beneficial to some extent" is that this impact is not directly aimed at Ethereum itself, but is transmitted indirectly through the prosperity of stablecoins.

So, what's wrong with being positive?

Some FUD proponents should refrain from mindlessly attacking; if they criticize anything that doesn't align with their values, then that is also a form of retail investor mentality!

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