The stablecoin race in 2025 is really quite lively. $BTC
once dominated with USDT, holding a market cap of 200 billion, but that has now been broken. The latest project to emerge is playing a new game — using USDT, USDC, and a USD1 launched by a well-known family as reserves to issue a new stablecoin. This design idea is quite clever: multi-layered collateralization to diversify risk, sounding like the ultimate version of "I want everything." Indeed, with more diversified underlying assets, even if one reserve encounters issues, the entire system won't collapse immediately.
The actions of exc

#美联储回购协议计划 The market is fluctuating; some choose to exit while others are positioning themselves. What’s the difference? Mindset and rhythm. The price fluctuations of $BTC and $ETH, as mainstream tokens, are often accompanied by changes in macro expectations—the recent movements in the Fed's repurchase protocol have influenced the liquidity expectations of the entire market. True steady traders do not bet on the right direction; rather, they find their rhythm amid the fluctuations. The fundamental reason many investors incur losses is not due to an inability to read the market, but rathe