$BTC $SOL $USDC XRP chief said that he had "inside information" that the US SEC was going to take action against U.

Currently, U is the world's largest stablecoin. Once U has any movement, it will inevitably have a huge impact on the market.

I remember that in October 2018, BTC was trading sideways at $6,500 for nearly half a year. At that time, there was only one stablecoin, U. Suddenly, there were rumors that U had run away. As a result, the price of U plummeted by 30%. In panic, people who took U hurriedly exchanged U for BTC. The plummeting U valuation led to a large-scale margin call. Correspondingly, within a few minutes, BTC soared by 15%, and the market was in an uproar.

It was not until a year later that we knew that Tether behind U was indeed targeted by the Americans, and even handed over a large sum of money. Since then, U has begun to purchase a large number of U Treasury bonds as reserve capital. The Americans seem to be deeply tied to U.

I think that every year there are rumors that U is running away. Although U is fine in the end, you can use this kind of panic to manipulate the market. For example, you can buy stablecoins when U plummets, or you can arrange arbitrage in advance.

In short, don't be affected by panic. If you change to mainstream at the lowest point of U and then experience a big plunge in the mainstream, you will be hit on both sides.

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