Tether 的 USDT 穩定幣市值突破 $120B，這是比特幣的看漲訊號

USDT 等穩定幣充當法定貨幣和數位資產之間的橋樑。它們的供應量增加通常發生在加密貨幣市場活動增加之前。

Tether’s stablecoin, USDT, hit a market capitalization of $120 billion for the first time on Monday, indicating a potential increase in activity in the crypto market.

Tether 的穩定幣 USDT 週一市值首次突破 1200 億美元，表明加密市場的活動可能會增加。

Stablecoins are designed to maintain a stable value, typically pegged to fiat currencies like the U.S. dollar, and serve as a medium of exchange between fiat and digital assets. A rise in stablecoin supply often precedes increased activity in the crypto market, as investors prepare to move into other digital assets.

穩定幣旨在維持穩定的價值，通常與美元等法定貨幣掛鉤，並作為法定資產和數位資產之間的交換媒介。由於投資者準備轉向其他數位資產，穩定幣供應量的增加通常先於加密貨幣市場活動的增加。

Earlier this year, a similar situation occurred when Tether minted $1.3 billion in USDT over five days. Afterward, Bitcoin’s price, which had dropped to just above $49,500, saw a rebound of more than 21%, climbing to $60,271.

今年早些時候，Tether 在五天內鑄造了 13 億美元的 USDT，也發生了類似的情況。隨後，比特幣價格從跌至略高於 49,500 美元的水平反彈超過 21%，攀升至 60,271 美元。

With October being a historically strong month for Bitcoin, this boost in USDT supply may help propel the market higher. According to data from Arkham Intelligence, large transfers of USDT were observed from Tether’s treasury to major exchanges like Binance and Kraken, indicating that investors are positioning themselves for future gains.

由於 10 月是比特幣歷史上表現強勁的月份，USDT 供應量的增加可能有助於推動市場走高。根據 Arkham Intelligence 的數據，觀察到 USDT 從 Tether 的金庫大量轉移到幣安和 Kraken 等主要交易所，這表明投資者正在為未來的收益做好準備。

However, it’s worth noting that past slowdowns in stablecoin inflows have been followed by market declines. For example, Bitcoin’s price briefly fell below $60,000 in August when institutional buying of USDT paused temporarily.

然而，值得注意的是，過去穩定幣流入放緩之後隨之而來的是市場下跌。例如，8月份，由於機構暫停購買USDT，比特幣價格一度跌破6萬美元。

Despite the market sensitivity to stablecoin inflows, Bitcoin is showing resilience in October. According to CoinGlass, the average return for Bitcoin in October is 21%. In 2020, Bitcoin prices increased by more than 27% in October and continued rising through November.

儘管市場對穩定幣流入很敏感，但比特幣在 10 月表現出了韌性。根據 CoinGlass 的數據，10 月比特幣的平均回報率為 21%。 2020 年，比特幣價格在 10 月上漲了 27% 以上，並持續上漲到 11 月。

For Bitcoin to confirm a breakout this month, it would need to close the week above $68,700. Additionally, Bitcoin exchange-traded funds (ETFs) have achieved a net flow of over $20 billion, a milestone that took gold ETFs nearly five years to reach. In contrast, Bitcoin ETFs managed to hit this figure in just 10 months, adding to the optimism for further gains before the month ends.

比特幣要在本月確認突破，需要在本週收在 68,700 美元以上。此外，比特幣交易所交易基金 (ETF) 的淨流量已超過 200 億美元，這是黃金 ETF 花了近五年才達到的里程碑。相比之下，比特幣 ETF 在短短 10 個月內就達到了這個數字，增加了月底前進一步上漲的樂觀情緒。

While Tether is best known for its role in developing USDT, the stablecoin tied to the U.S. dollar, the company has been expanding its operations. Tether now operates several distinct divisions, including an investment arm. Earlier this year, Paolo Ardoino, the CTO of Tether, revealed plans for Tether to invest over $1 billion within a 12-month period.

儘管 Tether 最出名的是其在開發 USDT（與美元掛鉤的穩定幣）方面所發揮的作用，但該公司一直在擴大業務。 Tether 目前經營多個不同的部門，其中包括一個投資部門。今年早些時候，Tether 首席技術長 Paolo Ardoino 透露，Tether 計劃在 12 個月內投資超過 10 億美元。