Tether 的 USDT 稳定币市值突破 $120B，这是比特币的看涨信号

USDT 等稳定币充当法定货币和数字资产之间的桥梁。它们的供应量增加通常发生在加密货币市场活动增加之前。

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 的稳定币 USDT 周一市值首次突破 1200 亿美元，表明加密市场的活动可能会增加。

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.

稳定币旨在维持稳定的价值，通常与美元等法定货币挂钩，并作为法定资产和数字资产之间的交换媒介。由于投资者准备转向其他数字资产，稳定币供应量的增加通常先于加密货币市场活动的增加。

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.

今年早些时候，Tether 在五天内铸造了 13 亿美元的 USDT，也发生了类似的情况。随后，比特币价格从跌至略高于 49,500 美元的水平反弹超过 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.

由于 10 月是比特币历史上表现强劲的月份，USDT 供应量的增加可能有助于推动市场走高。根据 Arkham Intelligence 的数据，观察到 USDT 从 Tether 的金库大量转移到币安和 Kraken 等主要交易所，这表明投资者正在为未来的收益做好准备。

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，过去稳定币流入放缓之后随之而来的是市场下跌。例如，8月份，由于机构暂停购买USDT，比特币价格一度跌破6万美元。

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.

尽管市场对稳定币流入很敏感，但比特币在 10 月份表现出了韧性。根据 CoinGlass 的数据，10 月份比特币的平均回报率为 21%。 2020 年，比特币价格在 10 月份上涨了 27% 以上，并持续上涨到 11 月份。

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.

比特币要在本月确认突破，需要在本周收于 68,700 美元以上。此外，比特币交易所交易基金 (ETF) 的净流量已超过 200 亿美元，这是黄金 ETF 花了近五年时间才达到的里程碑。相比之下，比特币 ETF 在短短 10 个月内就达到了这一数字，增加了月底前进一步上涨的乐观情绪。

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.

尽管 Tether 最出名的是其在开发 USDT（与美元挂钩的稳定币）方面所发挥的作用，但该公司一直在扩大业务。 Tether 目前运营着多个不同的部门，其中包括一个投资部门。今年早些时候，Tether 首席技术官 Paolo Ardoino 透露，Tether 计划在 12 个月内投资超过 10 亿美元。