[4E Exchange: US stocks rose strongly in August, the crypto market was sluggish, and high-yield USDT financial products were favored] According to 4E Exchange's monitoring, US stocks performed well in August, with the Nasdaq, Dow Jones and S&P 500 rising 4.1%, 2.0% and 3.9% respectively. The cryptocurrency market performed poorly, with Bitcoin falling 10.25%, Ethereum falling 23.66%, and many altcoins hitting record lows. However, the supply of stablecoins rose 2.9% against the trend to $148.4 billion, of which USDT and USDC had market shares of 78.7% and 17.4% respectively. It is worth noting that the 5.5% annualized yield USDT financial product launched by eeee.com has attracted investors' attention. 4E Exchange pointed out that in the context of panic in the crypto market, US stocks and high-yield USDT financial products provide investors with new asset allocation options. Investors are advised to weigh the risks and benefits and make wise decisions based on their personal financial goals.
