Tether USDt presyoUSDT

SLT/USDT Can it go to the 100x?

500usdt

According to Zhang Ming, deputy director of the Institute of Finance and Economics at the Chinese Academy of Social Sciences, U.S. dollar-pegged stablecoins, not bitcoin ( BTC) or ethereum ( ETH), are likely to have a “significant impact” on the international financial system. Ming cites stablecoins’ “link” to the U.S. dollar, a sovereign currency, which he said gives these digital assets the characteristics of the greenback. In a recently published op-ed, Ming, who also serves as the deputy director of the National Finance and Development Laboratory, asserts this U.S. dollar link is further extending the greenback’s hegemony. To illustrate, Ming points to the use of stablecoins as a store of value by residents and businesses in countries battered by inflation. The deputy director also cited the use of U.S. dollar stablecoins to provide liquidity support in the decentralized finance (DeFi) ecosystem as another example of these digital currencies playing a role in strengthening the international currency status of the U.S. dollar. Observers believe the likely passage of stablecoin bills by the U.S. Congress will further enhance their role in bolstering the U.S. dollar As has been reported by several media outlets, including Bitcoin.com News, some U.S. lawmakers are seeking to pass legislation that would compel stablecoin issuers to back stablecoins with U.S. Treasuries only. Some opponents of this move insist the passage of such legislation would be detrimental to Tether, the issuer of the largest stablecoin by market capitalization, USDT, or tether. Other critics, however, believe the enactment of laws compelling stablecoin issuers to hold U.S. Treasuries ensures the dollar hegemony is maintained. Tether CEO Paolo Ardoino has repeatedly said that his company, which holds billions of dollars in U.S. debt, is already playing its part in furthering this goal. However, Ming believes China can counter attempts to extend the dollar into the digital currency realm by issuing its own stable currency. He also suggested expanding the use of the digital yuan on Chinese internet platforms to increase the renminbi’s (RMB) international currency status. Meanwhile, Ming said China should encourage the trial and promotion of digital special drawing rights (e-SDR) at the level of the International Monetary Fund (IMF). Implementing an e-SDR could upend attempts to make the U.S. dollar the most important currency in the digital currency ecosystem. “The flourishing of various digital currencies is naturally better than the U.S. dollar monopolizing the development track of digital currencies. e-SDR can expand the use of supranational reserve currencies in the digital field and virtual space, and also help promote the diversification of the international monetary system,” Ming said. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

Still not convinced until USDT.D makes another LL and preferably closing below 4.76% There is still that inverted 3 drive pattern in play and all these LL/LH could mislead many traders. Treat all new trades as scalps, either side.

PI/USDT. 1. Calculate the Difference Between Buy and Sell Amounts: Large Orders: Buy: 14.03M Sell: 16.18M Difference: 16.18M - 14.03M = 2.15M (More selling than buying) Medium Orders: Buy: 9.75M Sell: (There's a typo here, it's not a number, but we can't calculate without it. Let's assume it's 10.5M for the sake of analysis. If you have the actual number, please provide it.) Difference: 10.5M - 9.75M = 0.75M (More selling than buying) Small Orders: Buy: 418.5K Sell: 752.6K Difference: 752.6K - 418.5K = 334.1K (More selling than buying) 2. Analyze the Charts and Data: 1d Fund Flow Donut Chart: Red (Sell): The red segments indicate a significant amount of selling pressure. The "Large order sell" (31.95%) and "Small order sell" (27.77%) are substantial. Blue (Buy): The blue segments represent buying. "Medium order buy" (18.70%) and "Simeli occer buy" (0.83%) are present, but the selling clearly outweighs the buying. Overall: The donut chart strongly suggests a bearish sentiment (more people selling than buying) over the past day. 5d Large Order Net Inflow (PI) Bar Chart: Negative Bars: The bars are all negative, indicating a net outflow of funds (more selling than buying) over the last 5 days. Magnitude: The largest negative bar (-44,867,035) suggests a significant sell-off in a particular period. Trend: The consistent negative trend reinforces the bearish sentiment observed in the donut chart. 24h Funds Net Inflow (PI) Line Graph: Fluctuations: The graph shows fluctuations in net inflow, but the overall trend appears to be slightly negative. Spikes: The sharp spikes indicate moments of intense buying or selling activity. Last 24 Hours: The "Last 24 hours" value (910,895.13) is positive, but it's important to note that this is a single point in time and doesn't necessarily contradict the overall bearish trend. 3. Overall Analysis: Dominant Selling Pressure: All three order sizes (large, medium, and small) show more selling than buying, indicating a general bearish sentiment. 5-Day Trend: The 5-day large order net outflow confirms the sustained selling pressure over a longer period. 24-Hour Volatility: While the 24-hour snapshot shows a positive net inflow, the line graph suggests volatility and doesn't negate the overall bearish trend. Potential Reasons for Selling: There could be various reasons for the increased selling, such as negative news, profit-taking after a price rise, or concerns about the overall market. disclaimer : don't agree with me do your investment at your own research and risk.