- According to data from ALCoin, the global value of crypto-currencies is about $198.46 billion. The largest market share in the crypto-currency market is Bitcoin, with a market cap of about $131.5 billion, currently accounting for 67.62% of the market cap. Ethereumranks second, with a market cap of about $14.4 billion, accounting for 7.43% of the market cap. Ripple ranked third, with a total market value of about $8.4 billion, accounting for 4.30% of the market value. The ACU ranked fourth, and the latest updated market price is about US $2.6 billion, accounting for 2.7% of the market value.
It is worth mentioning that the current ACU is still in the internal docking purchase stage, and with the extension of the purchase, its total market value will further increase. At that time, it will constitute a new round of digital currency ranking.
（2）Cryptographic currencies, Alphabet and Disney are the best investments for the next decade, according to Wall Street analysts surveyed by Reuters. As approaching the end of a decade dominated by Netflix, Apple and other tech stocks in the U.S. stock exchanges, Reuters asked portfolio managers and other investment experts two questions. What is the biggest thesis of your overall investment for the next decade? Which stock will you buy and will hold onto it until 2030?
Jim Bianco, the head of Bianco Research, said his investment theme is encrypted digital currencies in the next 10 years, such as the early stage of BTC, Ethereum and the newly released Asia-Pacific digital currency ACU, while encrypted digital currencies with block chain application technology as the core will eventually challenge the status of the US dollar as a reserve currency.
（3）Francis Kwok, chairman of Ferrari group, Asia, visited the Asia Digital Currency Limited, and both sides conducted in-depth exchanges on the payment application of the ACU in the Ferrari group industry, including to use the ACU to purchase Ferrari cars, consuming in Ferrari theme parks and starred hotels.
Chairman Francis Kwok said that Ferrari Group has long been highly concerned about and attached great importance to the latest research, development and application in the field of financial science and technology, so they are very bullish on the broad prospects of the ACU. Even though the current international economic situation is not optimistic, the ACU dare to be the first in the world, its courage and unique innovation provide new ideas and add new hope for the economic development of Asia and even the world.
Over the years, the Ferrari group created one legend after another with the same courage and innovation, he wishes his visit could promote the Ferrari group to use the ACU payment as soon as possible.
（4）The news of Softbank acquired the ACU by $600 million and was rejected has caused great concern, a number of media reports on the matter. The investing community once thought that the Softbank would surely get the ACU, but it failed this time and give opportunities to those institutions which covet the ACU for a long time.
According to the latest news, parent company of the ACU, Asian Digital Currency Limited is crowded currently, many major institutions visit to seek program that could have in-depth cooperation with it, and the Softbank has also conducted the second round of negotiations with it. Japanese Softbank has previously revealed that it does not rule out the possibility of raising the purchase price.
Since the concept of the ACU was first proposed in 1997, it has finally passed on to the Asian Digital Currency Limited after 22 years of gestation. It is understood that the ACU White Paper is released under the guidance of relevant policies of the Asian Investment Bank, and written by the leading industry experts of Asian Digital Currency Limited, the White Paper is consist of five major components, the status quo of block chain industry, monetary integration economy and block chain technology upgrading, global monetary change and digital currency origin, digital currency wallet, Asian digital asset management system. The release of the ACU White Paper shows that the Asian regional general digital currency has taken another crucial step towards the real landing. The release of the ACU White Paper will inevitably push up the valuation of the ACU, and Japanese Softbank’s earlier plan to acquire 60% of the shares for US $600 million must be replayed.
The purpose of Softbank’s acquisition of the ACU is very obvious, they want to anchor the ACU in the future with the Japanese yen, thus promoting the internationalization process of the Japanese yen. However, according to the content published in the current white paper of the ACU, the ACU will anchor the offshore RMB with the linked exchange rate, to maintain its value mainly by reserving gold, yet the Japanese yen is not within its anchoring scope, which is not difficult to guess why Softbank is so eager for the ACU.
（5）Singapore, an island country with a land area only equivalent to the area within the Fifth Ring Road of Beijing, is now gradually becoming the center of global block chain finance and the new continent of block chain.
It is understood that Singapore is actively integrating with other countries to jointly promote the development of financial science and technology such as block chain technology and electronic payment, which is aiming at building Singapore into a global center of financial science and technology. The Singapore Economic Authority and the Hong Kong Monetary Authority signed an agreement on financial science and technology cooperation, and discussed the establishment of a trade financing platform connecting these two area. The two economic authorities will build a cross-border trade financing platform based on block chain technology to promote cross-border trade and financing.
Recently, the news about Asian Digital Currency Limited has been sent out frequently, in Sina, Tencent, Phoenix, Netease and other best well-known media websites, the company is carrying out RMB digital stable currency business in the name of the ACU, which shows that the layout of the ACU has been prepared for a long time.
According to people familiar with the situation, Asian Digital Currency Limited backed by a number of top institutions and well-funded, has already registered the ACU trademark in 16 Asian countries and regions and 27 European Union countries, opening up the global strategic layout of RMB digital stable currency business.
With the progress and development of block chain technology, the ACU, which has caught the express train of digital stable currency and block chain technology, will continue to exert its advantages, on the one hand, to promote the internationalization of RMB, on the other hand, to promote economic and financial integration in Asia and make due contributions to the establishment of the Asian economic community.
（6）After criticizing the US crackdown on Huawei, Mahathir, prime minister of Malaysia , who is 94, is attending a conference tittled the future of Asia in Tokyo, said bluntly that the current foreign exchange system linked to the US dollar is vulnerable to manipulation. We can settle in that new currency, which must be linked to the local currency, he said. The exchange rate between the two countries can be linked to their economic performance. So we can know how much we owe and how much we need to pay in the special currencies of East Asia, he said. The new currency that Mahathir is talking about is the unified digital currency for the Asia-Pacific, the ACU.
Mahathir ’s aroused a higher concern for the concept of the ACU once again. The ACU is a currency concept put forward by Robert Mundell, who is the Nobel Prize winner in economics and known as the father of the euro. During the APEC meeting in Shanghai in 2001, he predicted that there will have three major currency areas in the world, namely, the euro area, the US dollar area and the Asian currency area in the next 10 years. In the absence of a global currency, it is the general trend to establish a common currency in Asia or the Asia-Pacific region. It is not difficult to imagine that the new pattern of Asian economic integration will gradually unfold with the unify of digital currency, the ACU, and will become the next super-large economy affecting the world economy.