Stablecoins need to remind about the risks.
Last night, the Nasdaq in the US stock market continued to hit historical highs, but the leading stablecoin Circle plummeted 15.54% against the trend.
Combining with the fact that yesterday the leading stablecoin concept stock Hengbao saw a significant volume drop, and the post-market leaderboard showed two major sellers appeared, while the stablecoin license concept stock Guosheng Jin控 surged significantly before falling back... Various signs indicate that the stablecoin concept, which has risen for two months, may need to cool down.
