Bessent panicked! CLARITY Act fails, capital flight accelerates!

Original author：加密播客

Original source：https://www.youtube.com/embed/5VTtTc3Bm44

U.S. Treasury Secretary Bessent has had two words in five months: in April he warned that "if the CLARITY Act is not passed, capital flight will accelerate", and in September after the bill failed, he claimed that "the data does not support that capital is fleeing the United States." Why do the same people give completely opposite judgments about the same phenomenon? This video provides an in-depth breakdown of this carefully designed narrative management battle. The CLARITY bill died in the Senate 49-50, and the next legislative window may be delayed until 2030. Before the bill failed, the U.S. spot Bitcoin ETF had recorded a net outflow of US$5.4 billion in the first half of the year, and BlackRock IBIT had an outflow of US$3.55 billion in a single month; Ripple CEO bluntly stated that "90% of crypto transactions have been offshore"; Solana Policy Research Institute warned that US$34.6 billion may be withdrawn from the United States. What’s even more dangerous is that the stablecoin interest payment loophole left by the GENIUS Act is exposing up to US$1.3 trillion in bank deposits to the risk of flight. Bessant used data such as the U.S. dollar's foreign exchange share of 89.2% and the stock of U.S. debt held by foreign investors to refute "capital flight." However, the TIC report showed that overseas holdings have declined for two consecutive months, and China's holdings have hit an 18-year low. In the four cases of Denmark, Norway, the Netherlands, and Saudi Arabia, there is a more complicated truth hidden behind each "clarification". This is not the story of the collapse of American assets overnight, but the story of how trust is slowly eroded by one bill, one vote, and the phrase "Denmark doesn't matter." When the finance minister needs to use two sets of words to address two audiences, the market will begin to discount all words. 🔔 Subscribe to the channel and turn on the little bell so you don’t miss every issue of in-depth financial analysis. 💬 Do you think capital is really fleeing the United States? See you in the comments section. #US Treasury Secretary #CLARITY Act #cryptocurrency #capital flight #bitcoin ETF #dollar hegemony #besent #digital asset regulation #U.S. debt #blockchain #US Treasury Secretary #besant #CLARITY Act #cryptocurrency regulation #capital flight #bitcoin ETF #dollar hegemony #US debt #digital assets #blockchain investment #cryptowinter #stablecoin #deposit flight #singapore crypto #dubai crypto #MiCA #global regulatory competition #financial depth #macroeconomics #investment analysis #Bitcoin #Ethereum #encryption policy #US economy #Secretary of the Treasury #Financial Regulation #Web3 #DeFi #Institutional Funds #Asset Allocation