#稳定币市场扩张 The listing of YB trading pairs on Upbit is worth paying attention to. As one of the mainstream trading pairs, USDT's expanding liquidity reflects the further maturity of the stablecoin ecosystem. From on-chain data, the launch of new trading pairs is usually accompanied by changes in capital flow—it's important to monitor the net inflow of USDT on the exchange and the changes in trading depth of BTC trading pairs. Such events are often signals of whale accumulation. It is recommended to focus on the capital flow of this trading pair over the next 72 hours, especially large orders and contract holdings data, which can provide a clearer view of whether institutions are building positions or merely adding liquidity. During the expansion cycle of the stablecoin market, each exchange's integration is creating conditions for the next phase of capital allocation.