泰达币

Why does everyone want to get a piece of the stablecoin pie?

Recently, JD.com and Xiaomi have teamed up to issue Hong Kong dollar stablecoins in Hong Kong. At present, the absolute king of the stablecoin market is [Tether USDT], but almost all traditional giants want to enter the stablecoin market to get a piece of the pie, including Paypal, Binance, etc.

The reason is that stablecoins are the foundation of Web3. As long as Web3 is still there, the demand for stablecoins will always be there, which is beyond doubt.

Secondly, stablecoins are a super transaction that is guaranteed to make money. Almost 99% of people in the currency circle will not experience redemption operations from stablecoin issuers throughout their entire currency circle career. Because everyone is C2C, I have 1 USDT, sell it to you, you give me the corresponding value of legal currency, and I give you this 1 USDT. This process does not involve redemption operations with the issuer.

Therefore, stablecoin issuers can use everyone's money to do capital transactions. Tether is basically all in US bonds, which is a more violent and stable transaction than banks.

In fact, many people in China who want to withdraw money use JD.com cards. JD.com now issues its own stablecoins, which makes things much easier. For JD.com, it is equivalent to printing its own money, providing a lot of cash flow, which is much greater than the cash flow brought by JD Finance.

It is difficult to subvert the dominance of USDT, but it does not affect coming in to share a piece of the pie.

#京东发行稳定币 #USDT #泰达币 #稳定币

$BTC $ETH $BNB

I was thinking, there are all kinds of projects and coins that are hyped up, some people sell their houses and go all in, some people sell their cars and go all in, some people use all their money and go all in, some people even borrow money and go all in, just for a chance to get rich overnight.
It's fine if it goes up, but what if it falls in the end? What will these people do, how will they cope? Will they be desperate?
I have only seen a few people get rich in the coin circle, I have not seen a collective wealth explosion.
I remember more clearly, when I first entered the circle, I encountered a brainwashed coin, I sold all my #eth and bought that coin, at that time eth was only a hundred dollars. In the end, that faith coin kept falling, the exchange ran away, I missed the opportunity of eth going up 20 times, all my money went to zero.
Investment needs caution.
Investment needs caution.
Investment needs caution.
Stay rational, invest with the money you can afford to lose, don't affect your work and life.
Finally, I wish everyone can earn more in 2024.

$BTC $ETH $BNB
#比特币

#以太坊
#USDT
#泰达币
#BNB

The issuance has increased, is this preparing to pump the price? #泰达币