OKG Research "Trump Economics": The US is set to launch the first shot of its trade war on April 2nd, US Eastern Time. Despite high mining costs and thin profit margins, the crypto industry seems to be simultaneously accelerating "Made in America" and "Made by Trump," from recent stablecoins to the entry of mining equipment manufacturers.

1⃣ Bitcoin Mining Costs +17%

Tariffs Directly Increase Mining Equipment Prices: If the US imposes a 20% tariff on Chinese electronic products, mining equipment costs are expected to rise by 17%. The ROI of new mining farms will be impacted, the decoupling of the supply chain from China will exacerbate delivery delays, and the industry may accelerate its concentration towards large mining companies.

2⃣ Offline Blockade + Online Opening

This is compounded by the enforcement of the "Executive Order 14117" data decoupling on April 8th. The US government is using tariffs, regulations, and other means to restrict the global flow of funds, while simultaneously promoting the expansion of USD stablecoins, allowing the USD to find new channels of circulation in the crypto market.

3⃣ Stablecoins = Shadow USD Market, effectively secretly expanding liquidity and weakening the effectiveness of the Federal Reserve's monetary policy.

⏳⏳⏳ Less than 24 hours until tariffs take effect...
The Trump family's latest moves in crypto are making waves. Under "Trump Manufacturing", what challenges and opportunities lie ahead for the #crypto industry?

1⃣ #Bitcoin mining costs +17%
Tariffs are driving up mining rig prices: If the U.S. imposes a 20% tariff on Chinese electronics, mining costs are expected to rise by 17%. New mining farms will face longer ROI periods, while supply chain de-Sinicization leads to delivery delays—accelerating industry consolidation in favor of large mining firms.

2⃣ On-chain expansion, off-chain restrictions
With the April 8th "Executive Order 14117" cutting off cross-border data access, the U.S. is tightening control over global financial flows through tariffs & regulations while expanding stablecoin adoption as an alternative dollar liquidity channel in crypto.

3⃣ Stablecoins = A shadow dollar market, quietly undermining the Fed’s monetary policy
#USDT / #USDC issuance is backed by U.S. Treasuries, yet their liquidity operates beyond the Fed’s direct control. Even during tightening cycles, stablecoins can inject liquidity into markets. A #DeFi & CEX-driven stablecoin loop is emerging, weakening the Fed’s ability to influence interest rates.

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#TrumpTariffs #cryptocurrency