Just finished watching the latest breaking news—let me share my take
According to the latest reports, Open Standard’s Open USD stablecoin plan would allow partners to keep reserve income while eliminating minting fees, which poses a challenge to Circle’s USDC
This means competition in the stablecoin space will intensify further, which could lead to a decline in USDC’s market value. I’ve noticed that the USDC price has already started to fall—its current price is $1.0005, down 0.05% from yesterday
Meanwhile, BTC is currently $58,707.25, down 2.62% over the past 24 hours. ETH is $1,575.07, down 2.42% over the past 24 hours, indicating that the entire market is still in a correction phase
From the perspective of whales and institutions, they may be looking for new investment opportunities—especially innovative projects in the stablecoin field. I think SOL and AVAX could be on their radar, because their prices are relatively low. SOL is currently $73.62 and AVAX is $6.5520
My stance is bullish on SOL and AVAX, as they have higher growth potential, while keeping an eye on USDC’s price action, because competition in the stablecoin market will become even fiercer
#稳定币大战 #SOL看多 #AVAX看多 💰
According to the latest reports, Open Standard’s Open USD stablecoin plan would allow partners to keep reserve income while eliminating minting fees, which poses a challenge to Circle’s USDC
This means competition in the stablecoin space will intensify further, which could lead to a decline in USDC’s market value. I’ve noticed that the USDC price has already started to fall—its current price is $1.0005, down 0.05% from yesterday
Meanwhile, BTC is currently $58,707.25, down 2.62% over the past 24 hours. ETH is $1,575.07, down 2.42% over the past 24 hours, indicating that the entire market is still in a correction phase
From the perspective of whales and institutions, they may be looking for new investment opportunities—especially innovative projects in the stablecoin field. I think SOL and AVAX could be on their radar, because their prices are relatively low. SOL is currently $73.62 and AVAX is $6.5520
My stance is bullish on SOL and AVAX, as they have higher growth potential, while keeping an eye on USDC’s price action, because competition in the stablecoin market will become even fiercer
#稳定币大战 #SOL看多 #AVAX看多 💰