#稳定币市场动态 Looking back at history, the ups and downs of the stablecoin market are always quite poignant. This time, Standard & Poor's downgraded the USDT rating, drawing attention once again to the risks associated with stablecoins. However, based on past experience, market reactions often differ significantly from the expectations of rating agencies.

Remember in 2022, when Terra/LUNA collapsed, many believed USDT would be doomed. But the reality proved otherwise: USDT not only survived but also expanded its market share further, consistently maintaining over 60%. Behind this resilience is Tether's ongoing global expansion and diversified investment strategies.

From recent investment trends, Tether appears to be building a digital financial empire based on USDT. By investing in European compliant issuers, emerging market infrastructure, retail wallets, and more, Tether is trying to create a closed-loop ecosystem that connects institutions and retail users worldwide. At the same time, its investments in Bitcoin and gold-related projects also demonstrate Tether’s ambition to reshape the digital gold standard.

History always repeats itself in astonishing ways. Just as the US dollar once became the world's currency through military and economic strength, USDT is gradually establishing its dominant position in the digital world with its massive scale and ecological advantages. In the future, we may witness the rise of a USDT-based digital empire—an empire so large that it cannot fail, profoundly impacting the global financial landscape.