With the inauguration of President Trump, the crypto industry is experiencing a positive shift in policy, and with the introduction of a series of crypto-friendly regulations, the development of the crypto payment sector is set to accelerate. As the next-generation infrastructure for crypto payments, MIRO's value will increasingly become apparent.
As a staunch advocate for cryptocurrency, Trump promised during his election campaign to transform the United States into the "capital of the cryptocurrency world." He explicitly stated that he would prioritize domestic cryptocurrencies such as SOL, USD, and Ripple as strategic reserve assets. Furthermore, he pledged that upon taking office, he would first remove SEC Chairman Gary Gensler and adopt more lenient policies to support the development of the cryptocurrency industry. This policy stance has sparked widespread speculation, with many industry insiders interpreting it as the SEC potentially dropping lawsuits against cryptocurrency exchanges like Binance and Coinbase.
In fact, before Trump took office, he launched his own cryptocurrency project $Trump, which quickly attracted billions of dollars in trading volume and saw its market value soar to about $15 billion, further demonstrating his embrace of cryptocurrencies and fueling the enthusiasm in the crypto market.
After Trump took office, he began to revoke a series of policies that were unfavorable to the development of cryptocurrencies. For instance, on January 23rd, the SEC issued SAB 122, officially revoking the previous SAB 121 (guidance issued by the SEC in 2022, requiring entities regulated by the SEC to record crypto assets on their balance sheets and disclose related risks) that had hindered banks from custodying cryptocurrencies. On the same day, Trump also signed an executive order to establish a cryptocurrency task force to provide the government with industry-related policy recommendations, including proposing regulatory frameworks and legislative efforts.
Of course, there are still many policy developments to look forward to in the market, such as the yet-to-be-enacted FIT21 bill (which clarifies the regulatory framework for cryptocurrencies, treating decentralized blockchains as commodities rather than securities), and the appointment of crypto-friendly figure Paul Atkins as SEC Chairman, among others.
All signs indicate that with President Trump's trusted administration, the cryptocurrency industry is heading in a more positive direction and is expected to continue growing to unprecedented heights.
Boost for the crypto payment sector
During Trump's tenure, the positive impact on the cryptocurrency payment industry has been evident.
In fact, in terms of regulation, Paul Atkins, the SEC chairman appointed by Trump, is widely regarded as having a more lenient stance towards cryptocurrencies. His goal is clearly to reduce legal challenges for crypto businesses and provide more operational space for banks and other financial institutions to handle crypto payments, thereby significantly advancing the compliance process of crypto payments.
At the same time, some executive orders from the Trump administration have further reduced the restrictions faced by banks when holding or processing cryptocurrencies. For example, the government relaxed accounting rules for banks dealing with cryptocurrencies, shifting from complex and costly processing methods to a more manageable and lower-cost environment. This change undoubtedly creates more favorable conditions for the adoption and popularization of crypto payments.
Of course, the market's positive expectations for these policies have directly driven the rise in cryptocurrency prices, potentially boosting the confidence of users and providers. This will encourage more users to accept and use cryptocurrencies as a payment method, which is particularly evident in the market.
Currently, many posts on the social media platform X showcase the anticipation of potential users for the expansion of crypto payment services. With the warming of policy support, traditional banks are gradually embracing crypto payments. These changes undoubtedly indicate that policy-driven support is directly promoting the vigorous development of the crypto payment market.
The value of MIRO will continue to become increasingly prominent
MIRO represents the intelligent crypto payment infrastructure of the Web3 era. Built around the BTC network as a Layer 2 solution, with BTC assets at its core, MIRO is dedicated to serving both consumer (C-end) and business (B-end) users, aiming to create a chain-based version of PayPal. Through a series of technological innovations, MIRO is driving the crypto payment industry into the 2.0 era.
For C-end users, MIRO has launched an AI-powered smart payment network. Leveraging technologies such as account abstraction and using MIRO Pay as the payment channel, it enables users to seamlessly spend BTC assets in various consumption scenarios. For example, users can buy a cup of coffee at a physical store that supports online payments or complete online shopping on platforms like Amazon using Bitcoin. During this process, MIRO's AI system acts as an intelligent agent, automatically optimizing payment routes and simplifying the complexity of crypto payments. Users only need to authorize transactions to achieve one-click payments, making it suitable for the vast majority of consumption scenarios.
For B-end users, MIRO provides a payment-centric technology stack, allowing merchants and businesses to build crypto payment applications by integrating its APIs and SDK tools. MIRO will assist merchants in developing payment solutions tailored to specific scenarios, serving different commercial systems and consumers.
MIRO is not only a critical bridge between consumption scenarios and crypto payments but also promotes mainstream cryptocurrencies like BTC to become significant payment assets in the consumer market. With its robust crypto payment infrastructure, MIRO is actively expanding its payment application ecosystem, which currently covers industries such as hotel accommodations, e-commerce, and dining, accelerating the adoption and application of cryptocurrencies in the consumer market.
By introducing cutting-edge solutions such as AI and zero-knowledge proofs, MIRO addresses the shortcomings of early crypto payment solutions in terms of usability, integrability, and acceptance. Especially under the favorable conditions of recent crypto policies, MIRO will continue to support the development of the crypto payment field to new heights and drive crypto payments toward a trillion-dollar consumer market. In this process, the value of MIRO will become increasingly prominent, solidifying its role as a cornerstone in the industry.