Be careful! The USDT in your wallet might be secretly "losing weight"!
Have you noticed, brothers? At the beginning of the year, USDT could be exchanged for 7.35, and now? It's heading towards 7.18! Don't underestimate this small decimal, this is real money shrinking! To give you an example, if you have 10 million USDT lying around, wow, you haven't done anything, and suddenly 2 million RMB (1.7 million) evaporated! Just thinking about it hurts! How many 3090 graphics cards could you buy with that... cough, how many good things could you buy!
Revealing why it’s dropping:
The dollar itself is weakening: There are many issues in the US, Trump is messing with tariffs, the economy is slowing down, and the dollar has been weak this year, dropping nearly 9%. USDT is mixed with the dollar, if the big brother is weak, how can the little brother not sway?
The “1:1” of USDT is being questioned: Everyone says USDT is pegged to the dollar 1:1, but the problem is, people think the dollar itself might be overvalued! You see, central banks around the world are secretly selling dollars to buy gold, isn't that a sign of distrust? If the foundation is unstable, the credit of USDT will also be questioned.
The RMB is also “losing value”: With the widening interest rate gap between China and the US, money is running to buy higher-yielding US bonds, putting immense pressure on the RMB. Coupled with the recent less strict control from the central bank, the market feels that the RMB will continue to fall, so USDT/RMB will naturally slide down as well.
Ending hook: This exchange rate is like a slide, will it keep sliding down or will it brake? The trend of the RMB, whether the dollar can stabilize, will there be intervention from above to regulate stablecoins... it's all uncertain! Brothers, if you want to hold USDT for the long term, you better keep these strings tight! When do you think this wave of "shrinkage" will end? Chat in the comments!
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