20 billion liquidation day: How did the dominoes of “revolving loans” fall? | Bee Network
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Original translation: AididiaoJP, Foresight News Key Takeaways: Tether remains the global leader in stablecoins, providing access to the US dollar in emerging markets and driving demand for US Treasuries through its reserves. USDT’s dominance is declining as new regulations and competitive dynamics reshape the stablecoin market, creating differentiation in compliance and revenue distribution. The roles of Ethereum and Tron in USDT activity are evolving, with Tron maintaining its lead in high-frequency, low-cost payments, while Ethereum’s declining fees and increased liquidity are driving broader retail and settlement applications. Emerging corridors present new growth opportunities, and USDT 0 and stablecoin-focused networks like Plasma are expanding Tether’s distribution to more networks and use cases like payments. introduction Tether’s USDT is the undisputed leader in global stablecoins today, commanding approximately 60% of the roughly…Анализ ## биткоин# crypto# ethereumОбмен #Рынок #Токен #Инструмент #Pre
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- The price of Bitcoin plummeted from a high of $117,000, falling below $110,000 within hours. Ethereum