#降息周期

On September 22, 2024, the US dollar exchange rate fell, and the USDT OTC premium also rose to 6.94 RMB, which was a double blow to those who held USDT.

On the one hand, the US dollar depreciated, and on the other hand, the appreciation of assets made the money in hand even less valuable. This is the impact of the interest rate cut. The currency depreciated, and everyone was worried that the money in their hands would continue to shrink, so they invested their funds in the capital market to seek value preservation.

However, this is just the beginning. Before the Fed's interest rate cut cycle ends and the interest rate hike cycle begins, the depreciation of USDT may continue for more than a year.

$USDT