Interest rate cut mirage, the tidal wave of stablecoins is here?

Originally hoping that the interest rate cut in September would ignite the market, but now after more than half a year of silence, the probability of a rate cut is only 71%. The interest rate bull market is likely to cool down.

On the other hand, stablecoins are surging worldwide—everyone wants to issue them, and everyone dares to issue them. It looks like prosperity, but in reality, it resembles a pile of landmines: excessive liquidity, concentrated risks, and during deleveraging, it could all collapse at once.

Don't just focus on the ups and downs; some landmines are buried quietly. #鲍威尔发言 #加密概念美股 #以色列伊朗冲突 #BID #xrp $BTC $BID $PEPE