The explosion is a blessing for retail investors; when Luna exploded, everyone was in PVP, seeing who was lucky enough to pick up treasure.

🚨 Crypto Market Crisis! USDT, Is It Going to Collapse?
Tether, how many times does it need to collapse in a year? USDT, collapses a few times every year, yet it never affects them; they had a net profit of 4.5 billion dollars in the first quarter.
So, will USDT collapse?
Of course, in the eyes of those playing the market, the crypto world is just a money game, all scams, where Bitcoin is issued by the US government to exploit the masses, and USDT is a fraud concocted by Wall Street, destined to collapse sooner or later.
Why is it impossible for Bitcoin to be issued by the US government? I can't be bothered to explain; saying too much will just get me riled up.
Today, let's talk about how Tether’s USDT is facing a crisis.
1. Excessive issuance of USDT reduces trust, leading to a crisis.
USDT is known as a stablecoin, pegged 1:1 with fiat currency, meaning if you deposit 1 USD, they issue 1 USDT, thus stabilizing the price. But what if they issue too much? Come on, just check the official website for the quarterly (BDO) audit report, is that not enough?
2. Tether misappropriates funds for contracts, leading to a crisis.
The official website lists their fund reserves in detail. Contracts? Altcoins? Did you see that? Nonsense. Most of the funds are used to buy US Treasury bonds, reverse repos, and other low-risk assets. Still facing a crisis? Please read a book.
3. USDT’s profit model is inadequate, unable to make money, leading to a crisis.
1. Interest, the users' fiat is used to buy US Treasury bonds, yielding about 4%-5% annually.
2. Service fees, 150 dollars per user, with a 0.1% fee for deposits and withdrawals.
3. Lending, issuing USDT to businesses and charging interest.
4. Buybacks. When the market faces decoupling news, the company buys USDT at a low price, and once the panic subsides, they can sell USDT at the normal price, making a profit back and forth.
(Didn’t read it wrong, they made this much in one quarter)
4. USDT company has huge expenses, facing a crisis.
The biggest expenses are employees, premises, anything else? Have you seen USDT ads on YouTube or Google? No.
Compared to exchanges, project parties, etc., which are laying off and cutting salaries, Tether’s profits are as stable as ever.
As a unique giant in the crypto world, combining functions of banks and central banks, it is really hard to lose money.

The Dean has recently been observing Ethereum-based puppies, mentioned in Musk's tweet, feeling there is great potential.

$XRP $DOGE $PEPE
#币安LaunchpoolVANA #VELODROME将上线币安 #BTC重回关键位置后走势 #SUI再创新高 #puppies