It's now very difficult for mainland users to open a US stock account. Trading US stocks with US dollars has some troublesome issues when converting back. Trading US stocks directly with USDT is much more convenient, and tax issues have been somewhat resolved.

Another benefit of trading US stocks on the blockchain is that some companies that are not yet listed can be traded, which is also considered an opportunity to participate in the 1.5-level market, providing VCs with an exit liquidity.
It is clear: altcoins will be further squeezed, and the foolish projects in the crypto world that only deceive people will face the crackdown of legitimate companies, which is a good thing for the industry.
The drawbacks are also very obvious; ultimately, the one who profits the most will definitely be the hacker.