And China's unprecedented attention. From the FOMC meeting acknowledging its payment efficiency to warning about potential risks, and then to the strategic embrace between China and the United States, we provide a comprehensive analysis of the core role of stablecoins in reshaping the global financial landscape and future investment prospects. The Fed's FOMC meeting first deeply discussed and recognized the payment efficiency of stablecoins, which have become a new focus for the Fed, major banks in the United States, and China, indicating their significant importance in global financial discussions. The latest minutes from the Federal Open Market Committee (FOMC) of the Fed show that stablecoins have become part of formal policy discussions. Participants analyzed the current development of payment stablecoins and their implications for the financial system. Comments emphasized that these digital assets can enhance payment efficiency while creating new dynamics for the treasury market and bank regulation. The FOMC minutes highlighted the Fed's priority task of combating inflation and explored the growing role of payment stablecoins. Participants believe that stablecoins can simplify transactions and reduce friction in the broader payment infrastructure.