Chinese Investors Pivot to Stocks, Leaving Crypto Behind đ
Chinese investors are shifting focus back to local stock markets, driven by new economic measures from Chinaâs central bank. This has led to a surge in stock prices, making traditional investments more attractive than crypto. As a result, Tetherâs USDT stablecoin is seeing reduced demand, signaling a capital reallocation.
USDT, usually pegged to the US dollar, is trading at a slight discount as investors sell to access fiat currency for stock investments. This trend highlights a preference for stability over crypto risks.
Despite this, Tetherâs global user base continues to grow, showing its utility in volatile markets. đ
