📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
#稳定币市场发展# Analyzing the latest development trends in the stablecoin market reveals an interesting phenomenon: the price of Bitcoin shows a high positive correlation with the market capitalization of US dollar stablecoins. Data indicates that the rise in Bitcoin drives an increase in demand for stablecoins, thereby boosting their market capitalization. This transmission mechanism reflects the deep connection between the crypto market and the traditional financial system.
It is worth noting that stablecoins have become one of the important buyers of U.S. short-term government bonds. Based on the current market capitalization of $250 billion, the scale of short-term U.S. government bonds held by stablecoin issuers is approximately $200 billion, surpassing that of major foreign investors. This increase in demand is expected to lower the yield on short-term U.S. government bonds by about 0.3 percentage points.
From a macro perspective, the original intention of Bitcoin's decentralization is closely linked to dollar assets through the stablecoin mechanism, which in some ways reinforces the position of the dollar. This phenomenon is worth exploring in depth, as it may have far-reaching effects on the future market landscape.