Members of the community were confused and argued that people buying the stablecoin are not expecting it to go up in value.
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BTC/USD$ 93,976.18 4.28%
ETH/USD$ 3,402.73 0.07%
USDT/USD$ 1.00 0.07%
SOL/USD$ 236.37 6.86%
BNB/USD$ 638.42 3.66%
XRP/USD$ 1.43 3.82%
DOGE/USD$ 0.39831 7.12%
USDC/USD$ 1.00 0.10%
ADA/USD$ 0.96026 7.71%
STETH/USD$ 3,407.05 0.13%
TRX/USD$ 0.198678 5.14%
AVAX/USD$ 41.23 8.08%
TON/USD$ 6.15 0.48%
WSTETH/USD$ 4,039.30 0.76%
SHIB/USD$ 0.000025 3.91%
XLM/USD$ 0.464943 10.82%
WBTC/USD$ 93,697.10 4.16%
DOT/USD$ 8.24 10.56%
LINK/USD$ 17.26 5.45%
WETH/USD$ 3,404.08 0.04%
BCH/USD$ 496.01 2.99%
SUI/USD$ 3.22 5.94%
PEPE/USD$ 0.000019 5.79%
NEAR/USD$ 6.42 6.87%
LEO/USD$ 8.21 5.29%
LTC/USD$ 93.26 4.27%
UNI/USD$ 11.43 0.56%
WEETH/USD$ 3,580.42 0.23%
APT/USD$ 11.79 5.53%
ICP/USD$ 11.46 4.57%
USDS/USD$ 1.00 0.31%
HBAR/USD$ 0.135164 6.07%
CRO/USD$ 0.173887 8.38%
ETC/USD$ 29.21 0.00%
POL/USD$ 0.541329 4.39%
TAO/USD$ 535.89 1.87%
RENDER/USD$ 7.60 4.64%
USDE/USD$ 1.00 0.01%
KAS/USD$ 0.149171 2.82%
FET/USD$ 1.43 4.46%
ARB/USD$ 0.894878 3.82%
DAI/USD$ 1.00 0.11%
WBT/USD$ 23.98 1.94%
FIL/USD$ 5.61 0.39%
OM/USD$ 3.68 0.16%
WIF/USD$ 3.25 0.29%
STX/USD$ 2.17 3.24%
OKB/USD$ 54.16 3.65%
VET/USD$ 0.040109 6.23%
TIA/USD$ 7.54 2.03%