In the short term, the market indeed lacks obvious volatility, and the possibility of continued pressure on the U in hand is quite high. At this point, be cautious—some stablecoin platforms' redemption issues have already surfaced, with many users reporting significant discounts on redemption prices, and transactions at half price are not uncommon. Instead of losing out on this, it's better to proactively switch strategies: prioritize converting to highly liquid stablecoins like USDC, and coordinate with the Hong Kong card channel for operations, which can basically achieve lossless withdrawals. This not only avoids the risk of relying on a single stablecoin but also ensures flexible fund management.
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FarmToRiches
· 7h ago
50% off transaction? That's too outrageous. Better hurry and convert to USDC.
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MultiSigFailMaster
· 16h ago
50% off withdrawal? That's so exaggerated, I haven't encountered it... But I have heard of quite a few crashes, and USDC liquidity is more reliable.
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ZKProofEnthusiast
· 01-07 16:53
50% off transaction? Who can resist that? I should have switched to USDC long ago.
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BasementAlchemist
· 01-07 16:41
50% off transaction? That's really intense. I already exchanged my U for USDC long ago. Withdrawing to a Hong Kong card is indeed reliable.
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GweiWatcher
· 01-07 16:40
50% off transaction? That's too outrageous. I should have switched to USDC long ago.
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PumpDetector
· 01-07 16:34
nah this stablecoin cashout drama is exactly what happened post-mt gox... seen this pattern before tbh. usdc liquidity play makes sense but honestly? most people won't move until they're already bleeding. whale movements already priced this in imo
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OnChainDetective
· 01-07 16:31
50% off transaction? There must be big players dumping the market behind this. I checked the on-chain data, and a few institutional addresses have been making frequent large transfers recently, which is unusually abnormal.
In the short term, the market indeed lacks obvious volatility, and the possibility of continued pressure on the U in hand is quite high. At this point, be cautious—some stablecoin platforms' redemption issues have already surfaced, with many users reporting significant discounts on redemption prices, and transactions at half price are not uncommon. Instead of losing out on this, it's better to proactively switch strategies: prioritize converting to highly liquid stablecoins like USDC, and coordinate with the Hong Kong card channel for operations, which can basically achieve lossless withdrawals. This not only avoids the risk of relying on a single stablecoin but also ensures flexible fund management.