The news that stablecoins have surpassed a market capitalization of $230 billion is like a heavy bomb detonating the entire crypto market. After all, as the "bridge" connecting TradFi and the crypto world, its popularity is soaring, making it hard to resist wanting to explore further. Behind the surge of stablecoins is the liquidity of capital "roaming" — influenced by global financial uncertainties and investors' preference for stability. After all, who wouldn't want to have a haven that is less affected by severe fluctuations when the crypto world is in turmoil?

So what does the surge in stablecoins really mean for the crypto market? Imagine the "rocket" of stablecoins ready to launch with huge amounts of capital at any moment. If a bull market arrives in the future, the funds from stablecoins could flood into the market like a long-accumulated deluge, driving the prices of cryptocurrencies to soar. And this might be the "undercurrent" of the crypto market, let's wait and see which day the stablecoins "explode" with astonishing power.

Of course, there are also concerns that the surge in stablecoins could be a sign of a bubble in the crypto market. After all, everyone knows that the value of stablecoins does not rely on capital "soaring," but rather on the stability linked to fiat currencies. If investors are all waiting for the next bull market, stablecoins may just be a temporary "safe haven" for funds; once the market cools down, they may quietly exit. Therefore, whether the future will be a spring for stablecoins or a "bubble" burst in the crypto market remains a mystery. #稳定币激增市场影响