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The War of Stablecoins Fully Erupts
🏛️ Central Banks Personally Create Stablecoins, Hitting USDT with Three Strikes:
100% Fiat Currency Reserves, On-chain Transparent Custody;
Monthly Audit Disclosure, Audit Reports on-chain;
National Credit Endorsement, an Unshakeable Trust Anchor.
How will USDT and USDC play now? One enters the market with a machine gun!
💥 Blood Starts Flowing On-chain
Last night, a big player dumped 89 million USDT for Digital Renminbi, leading to large on-chain rebalancing;
USDT is trading at a discount of 0.008, offshore prices begin to loosen;
Binance saw an influx of 27 million USDC, preparing to join the battle.
Did you think only regulators were taking action? DeFi is getting involved too:
AAVE and Compound upgraded their contracts overnight, launching "Dynamic Reserve Proof" to prepare for regulatory compliance!
🏛️ Central Banks Personally Create Stablecoins, Hitting USDT with Three Strikes:
100% Fiat Currency Reserves, On-chain Transparent Custody;
Monthly Audit Disclosure, Audit Reports on-chain;
National Credit Endorsement, an Unshakeable Trust Anchor.
How will USDT and USDC play now? One enters the market with a machine gun!
💥 Blood Starts Flowing On-chain
Last night, a big player dumped 89 million USDT for Digital Renminbi, leading to large on-chain rebalancing;
USDT is trading at a discount of 0.008, offshore prices begin to loosen;
Binance saw an influx of 27 million USDC, preparing to join the battle.
Did you think only regulators were taking action? DeFi is getting involved too:
AAVE and Compound upgraded their contracts overnight, launching "Dynamic Reserve Proof" to prepare for regulatory compliance!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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