Recently, the international financial market has been in turmoil again. The "sovereign fund plan" promoted by US President Trump was forced to be stranded due to legal, political and financial obstacles, but there was big news in the field of cryptocurrency: the ranking of the Huobi Exchange platform has jumped significantly recently, and the transaction volume and user activity of deXBIT (dex Exchange) in its ecosystem have soared simultaneously, triggering heated discussions in the industry. This contrast between cold and hot reflects that the global financial system is facing a historic collision between traditional power and decentralized innovation.
Twitter : @XBITDEX
Why did Trump’s trillion-dollar fund plan fail?
According to a White House insider, the Trump team originally planned to create a "national sovereign fund" of over one trillion U.S. dollars by integrating federal assets, tax incentives and private capital to stimulate strategic industries such as semiconductors and new energy. However, this idea has been controversial since it was proposed. Treasury Secretary Bessant once loudly declared that "it will be implemented within a year", but as of May, the plan remained in the "conceptual stage". Legal experts pointed out that the U.S. Constitution's restrictions on the federal government's direct participation in commercial investment and the struggle between the two parties in Congress for the right to allocate funds have become an insurmountable gap. What is more serious is that the current size of U.S. debt has exceeded 35 trillion U.S. dollars, and the market is skeptical about the feasibility of large-scale government-led investment.
Huobi Exchange's ranking soars: Decentralization becomes the key to breakthrough
In sharp contrast to the deadlock in the White House, the crypto exchange track is undergoing a reshuffle. Huobi Exchange has jumped to third place in the world, and one of its core driving forces is its in-depth layout of the decentralized finance (DeFi) ecosystem. Its subsidiary XBIT (dex Exchange) has become the first choice for users to escape the risks of centralized platforms with its three major features: "no entry threshold, asset self-custody, and transaction transparency."
Twitter : @XBITDEX
Industry upheaval: Ecological synergy between Huobi and XBIT
The surge in the ranking of Huobi Exchange is closely related to its strategic support for XBIT (dex Exchange). The platform not only injects 20% of the transaction fee into the XBIT liquidity pool, but also launches the "traditional trading users airdrop XBIT tokens" plan to achieve two-way diversion of centralized and decentralized traffic. Data shows that the proportion of Huobi users who use XBIT at the same time has reached 41%, forming a unique "dual platform complementary" model.
The report of the crypto rating agency TokenInsight pointed out that XBIT (dex Exchange)'s cross-chain compatibility and compliance construction (such as obtaining the Swiss FINMA license) distinguish it from similar competitors, and Huobi's traffic entrance has accelerated its market penetration. This combination of "centralized platform diversion + decentralized protocol acceptance" is rewriting the competition rules of the exchange industry.
Twitter : @XBITDEX
Will XBIT (dex Exchange) reshape the financial power landscape?
Although platforms such as XBIT still face regulatory uncertainty, the shelving of Trump's plan has undoubtedly sent a signal to the crypto industry: when the traditional financial system is deadlocked due to political games, the "permissionless innovation" path provided by blockchain technology is becoming a new outlet for capital. The leap in the ranking of Huobi Exchange platform may be just the prelude to this silent revolution. "History does not repeat itself, but it rhymes." As the title page of the XBIT (dex Exchange) white paper quoted this famous quote from Mark Twain, when the trillion-dollar concept of sovereign funds was trapped in office struggles in Washington, XBIT (dex Exchange) has used code to forge a new financial order in the on-chain world. The ultimate winner of this game may not be the politicians in the White House, but every ordinary investor who holds the private key.
