As the market capitalization of stablecoins surpasses 230 billion USD, the focus of the market increasingly concentrates on this asset class. Stablecoins are essentially designed to attract investors by providing stability through pegging to fiat currencies, especially during times of significant fluctuation in the crypto market; they act as a "safe anchor" in the market. The main reason for the surge in stablecoins today is to address the escalating fluctuation risks in the crypto market.

The surge in stablecoins is not just a change in investor preference, but also represents the increasing integration of the crypto world with traditional finance. More and more investors are using stablecoins as a tool for value preservation, treating them as a "parking lot for funds" while waiting for greater opportunities in the market. In fact, as the number of stablecoins continues to grow, market liquidity is also gradually increasing, providing more trading options and higher transparency.

If a bull market really arrives, the stablecoins that are piled up in the market may enter the risk asset market, driving up the overall market. This trend indicates that stablecoins are not only tools for financial stability but may also become key factors in the flow of funds in future markets. However, this also raises concerns that excessive reliance on stablecoins could lead to irrational expectations in the market, creating a "false sense of security" that could affect investors' decisions. #稳定币激增市场影响