According to Odaily, Wang Feng, the founder of Blueport Interactive, stated that he has started to buy the dip since Bitcoin fell below 100,000 USD.
Wang Feng emphasized that policy release does not equal market prosperity; the liquidity of the stablecoin market is the key to the future development of the crypto market. Wang Feng urged media and research institutions to pay more attention to the dynamics, data, and briefs of the stablecoin market.
As of the time of writing, the market capitalization of stablecoins exceeds $310 billion, with USDT ranking first at approximately $183.8 billion, accounting for nearly 60%; USDC ranks second with a market capitalization of about $12.4 billion.
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