According to BlockBeats, on October 8, Fortune reported that Tether's USDT stablecoin has recently traded at a small discount. CoinMarketCap data shows that since the end of September, USDT has been trading below the US dollar price, as low as 0.9995 per dollar.

Some economists believe that Chinese investors' interest in cryptocurrencies has weakened and they have turned to investing in the domestic stock market, which has performed strongly due to the country's recent stimulus measures. Although the cost of clearing USDT is between three and five percentage points, investors are still optimistic about the potential gains in the Chinese stock market.