#稳定币市场 I recently saw some data that was quite shocking to me😳 The stablecoin supply has actually increased by over 50% year-on-year, and more than 20 billion USD has flowed into interest-bearing stablecoins? What does this mean...

I used to think stablecoins were just simple payment tools, but now I realize they are becoming a new direction for asset management. It feels like the crypto market is undergoing a significant transformation, gradually shifting from wild speculation to a more rational, asset-driven model. Although the $19 billion liquidation and margin calls sound frightening, it seems to be clearing out excessive leverage in the market.

Additionally, RWA has expanded from $4 billion to $18 billion, and the trading volume of derivatives on DEX and CEX is also soaring... It feels like the entire ecosystem is rapidly maturing and becoming more regulated. For us newcomers, does this mean the crypto market is becoming more stable and trustworthy? Can someone help me understand the relationship between stablecoins and RWA? It seems like these two concepts are mutually reinforcing 🤔