#稳定币 I just discovered something interesting in the exchange — USDT was actually recognized by the official authorities in Abu Dhabi? And it can also be used on chains like Aptos, Celo, and Cosmos, whereas before it seemed like only a few mainstream chains like Ethereum and Solana supported it.

What does this mean for us newcomers? My understanding is that stablecoins gaining official recognition is like getting an "ID card", which feels like it will allow more legitimate players to enter the market, making the whole market a bit safer. Moreover, USDT can be used on more on-chain platforms, making deposits and withdrawals more convenient, without having to hassle about switching chains.

I was previously worried about the risks associated with stablecoins, but now seeing this kind of regulatory approval, I feel like a weight has been lifted off my shoulders. However, I still want to ask everyone, will obtaining such official recognition directly impact the coin price? Or is it mainly about increasing liquidity and use cases? Continuing to learn, thank you to all the seniors for your patient explanations.