250 billion stablecoins are not easy money; they are a powder keg sitting on the bull market's forehead!
USDT monopolizes 70% of the territory, it is both the anchor and the sword hanging over our heads.
Plain language interpretation + bloody reality:
Brothers, the total market cap of stablecoins has exceeded 250 billion USD! This money is not dead money; it's an army ready to charge into BTC, ETH, and altcoins at any moment!
But here's the problem—USDT occupies more than 70%! It's like 70% of the food in the whole village is stored in my second uncle's warehouse; if he says it's stable, it's stable; if he says it collapses, the whole village will go hungry!
Personal experience:
The 'ammunition depot' is indeed appealing, but it is also genuinely alarming! Last year when trading contracts, during the crash I wanted to buy the dip, relying on USDT to rush in and pick up bloody chips! But then I thought, all this money is staked on Tether, my back felt cold... Remember when LUNA's UST collapsed? The tragedy of going to zero in one night is still fresh in my memory! If USDT blows up, I can't even imagine that scene.
Those who are 'compliant' are not at ease either! During the Silicon Valley Bank crash, USDC directly decoupled to 0.87! Several brothers in my group who heavily invested in USDC turned green with fear! Although it was recovered in the end, at that moment, I was so scared that I exchanged USDC for BTC overnight! What happened to the promised 'stability'? If compliant assets can fail, can this 'black box giant' USDT really remain steady forever?
Dare to speak the hard truth:
1USDT hegemony has no short-term solution: exchanges, over-the-counter trading, small cryptocurrencies, it is recognized everywhere! The king of liquidity, no choice! Just like WeChat Pay, no matter how unhappy you are, you have to use it!
But absolutely do not go All In! I only dare to put 30% of my assets in USDT, and the rest obediently in a BTC cold wallet, exchanging a bit for DAI, a decentralized stablecoin; although it's a bit expensive, it feels reassuring.
The regulatory knife will eventually fall! The US is constantly monitoring Tether; if a heavy fine or ban comes one day, the market will definitely bleed profusely!
This is not alarmism; it's an inevitable gray rhino!
Heart-wrenching three questions
Is the 250 billion 'whale' entering the sea a towering wave supporting a new round of violent bull market? Or the last madness before the collapse of USDT hegemony?
When 70% of the lifeline is in the hands of a 'mysterious company', do you really dare to close your eyes and go All In?
If USDT crashes tomorrow, what do you choose:
Crazy buy the dip
Cut losses and run
Or lie flat and wait for zero
Share your 'escape plan' in the comments! Wake me up, or convince me? I'm waiting for your challenge!
I am a crow, if I can't do it, I never will; I'm not afraid of lack of ability, I'm afraid of not having the courage to start over. If you don't know where the effective breakthrough point is, you can follow me for guidance.
