· 个股论点
好问题。稳定币其实和 BTC 下跌趋势是分开的，尽管算法层面会影响该行业公司/资产的市值。 即使加密价格下跌，USDC/Tether 的供应量也会增加。机构会在加密下行周期中把 BTC 卖成 USDT/USDC，而不是放在银行账户里。 尤其现在在风投领域，Lightspeed、Sequoia 等都在把钱投向和稳定币相关的公司，比如 neobank；其中很多投资会在 6 个月到 1 年后开始产生回报。 我会在另一篇帖子里写更深入的 thesis，但总体上，我看好稳定币和 Bitcoin；即使 Bitcoin 处于下行趋势，稳定币和发行方也是相对隔离的。
Good question, stablecoins are actually separate from the BTC downtrend, even though algorithmically this affects the marketcaps of companies/assets in the sector. USDC/Tether increases in supply even as crypto prices go down. Institutions sell BTC for USDT/USDC while crypto is in a downtrend instead of holding it in bank accounts. Especially in venture capital right now, lightspeed/sequioa/etc. are pouring money into stablecoin related companies like Neobanks, and lot of these investments pay dividends 6 months.-1 year later. I'll write up a more in-depth thesis in another post but generally, I'm bullish on stablecoins and Bitcoin, and even if Bitcoin is in a downtrend, stablecoins + issuers are isolated.