The market value of stablecoins has exceeded 140 billion US dollars, and is currently 141 billion US dollars. Among the #StableCoin shares, USDT accounts for 70%, which is also an absolute monopoly.

However, the ratio of USDT.D keeps decreasing? This situation often occurs in the early stages of a bull market, when more people holding USDT are optimistic about cryptocurrencies and choose to buy.

At the same time, the increase in market value is also the result of additional issuance. The internal logic of additional issuance is because demand has increased. Bitcoin's breakthrough of 60K means that leeks from the sidelines will begin to enter the market.

$BTC