Crypto Squirtle/机灵的杰尼君
Crypto Squirtle/机灵的杰尼君|Apr 03, 2025 07:57
It seems that every year during a bear market in the cryptocurrency industry, in addition to plummeting, liquidating, and running away, there is one thing that cannot be lacking - stablecoins being FUD, otherwise this bear market will appear incomplete. The most memorable experience was in 2018, when the media reported that Tether's custodian bank was suspected of being insolvent, with USDT/CNY plummeting to 4.0, far below the exchange rate of 6.2 at that time. The market was in a panic, and BTC was directly pulled from 6K US dollars to around 8K US dollars due to safe haven. In the following years, USDT, USDC, and BUSD have been replaced by FUD, and now it's TUSD's turn. However, the target of this matter is TUSD, and Binance's FDUSD is still fine. Unfortunately, for panicked retail investors, FDUSD/USDT suddenly reached 0.87 last night and has now returned to 0.99. Unfortunately, I didn't see it last night and only discovered the FDUSD anchor detachment incident today. Next time you encounter stablecoin FUD related to Binance @ Binance, why not try buying at the bottom? Trust cousin @ cz-binance. Having said so much, where is the bear market now? Is there any FUD that hasn't appeared yet? 😂
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