2025-12-26 04:21:47

Recently, the RMB has been appreciating noticeably. As a result, life has been tough for stablecoins. Just look at USDT's performance—it has taken a pretty hard hit. In this situation, the trend of mainstream coins like BTC still needs to be observed. RMB appreciation means it will be more expensive to exchange for USD, which has a tangible impact on the demand side for stablecoins.

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ConfusedWhale

· 7h ago

The recent appreciation of the RMB has indeed hit stablecoins. It's more expensive to exchange for USD now, who would still buy USDT?

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OfflineValidator

· 7h ago

The appreciation of the RMB indeed makes stablecoins a bit awkward, but can this logic be reversed and applied to BTC? --- USDT is dropping so sharply, we really need to think carefully about the subsequent chain reactions. --- If it appreciates, it appreciates. Anyway, people in the crypto circle still need to exchange dollars when necessary; the hard demand is there. --- Wait, RMB appreciation has such a big impact on stablecoins? Doesn't that mean large funds need to find other outlets? --- Haha, when stablecoins are having a tough time, it's often a sign that mainstream coins are about to take off. History is so mysterious. --- Appreciation again, it's not the first time. Why does it feel like every time this happens, someone gets anxious? --- USDT's performance... we need to see if there's any hidden arbitrage space behind it.

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GamefiHarvester

· 7h ago

The recent appreciation of the RMB is really tough on stablecoins. The decline of USDT is quite sharp, and it's genuinely uncomfortable to exchange for USD at a higher cost. Let's wait and see how BTC breaks the deadlock. Can mainstream coins still hold up?

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StakeTillRetire

· 7h ago

When the RMB appreciates, USDT suffers—this logic is actually quite heartbreaking. The RMB has strengthened, making it more expensive to exchange for USD, directly impacting stablecoin demand. But on the other hand, could BTC become more popular? Keep watching.

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