#稳定币市场扩张 Recently saw the news about USD1's flash crash, many people panicked, but the logic behind it is quite clear.

Here's the situation: Binance partnered with USD1 to run a 20% annualized yield event, leading many users to convert USDT to USD1. This operation pushed up the premium of USD1. Later, someone sold BTC at market price on the BTC/USD1 trading pair, but this trading pair has very thin liquidity. A single large order could cause instant volatility, and arbitrage bots immediately stepped in to fix the price — the whole process took less than a few minutes, with no liquidation triggered.

Key point to remember: this is not a project collapse, but short-term volatility caused by insufficient trading pair depth. Newly launched trading pairs are prone to this; low liquidity makes them easily affected by large single orders.

For us traders, the market expansion of stablecoin projects is a good sign, indicating ecosystem growth. But also pay attention to the liquidity status of trading pairs, check the depth before participating to avoid being scared by sudden price swings. These new projects often have good airdrop opportunities, but do your homework early, stay calm, and you can steadily earn profits.