泰達幣 價格USDT

Who would have thought that Ripple’s stablecoin, RLUSD, which was initially just part of a limited test, is now starting to steal the market’s attention. From what initially seemed like an ordinary experiment, RLUSD now has a circulating supply of $160 million, according to IntoTheBlock . In early March, CNF reported that RLUSD surpassed the trading volume of several competing stablecoins and began to enter a wider ecosystem through integration with Revolut and Zero Hash. Even then, the circulating tokens had only reached 120 million. So, in just a short time, there have been tens of millions of RLUSD tokens spread across the network. This is not a growth that can be considered a breeze. Interestingly, RLUSD is not only focused on one network. It moves nimbly between Ethereum and XRP Ledger (XRPL). During January, the total trading volume of this stablecoin reached $7.35 billion. If calculated, this means that billions of dollars changed hands in just a matter of weeks, an activity that shows how high the demand for this stablecoin is. Like a cake shop that suddenly went viral on social media, RLUSD is starting to attract crypto investors who want something stable yet full of growth potential. Furthermore, the latest data shows an increase in the number of Ethereum addresses holding RLUSD. In the past month, there has been a spike of around 15%, reaching 2,345 addresses. Behind the growth of RLUSD, there is a strong push from Ripple CEO, Brad Garlinghouse. He projects that RLUSD has the opportunity to enter the top five stablecoins in the world. This prediction came after the SEC dropped the lawsuit against Ripple Labs—which automatically gave fresh air for further expansion. On the other hand, John Deaton, a lawyer close to the XRP community, sees the launch of RLUSD as not just an attempt to make money. He considers this step to be Ripple’s clever strategy to achieve regulatory clarity. With stablecoins increasingly accepted by the market, RLUSD has the potential to strengthen the utility of the XRP Ledger as a whole. It’s like building a bridge between the old financial world and the growing crypto infrastructure. Looking at the latest data, RLUSD managed to record a daily trading volume of $23 million. Of that amount, around $12.5 million came from Uniswap alone. Interestingly, the price of RLUSD against ETH was at $1.004, slightly above its peg, while against USDT, the price was stable at $0.9995. This price stability shows that despite being heavily traded, RLUSD is still able to maintain its value—which is certainly the main selling point of a stablecoin. What is more interesting is how this project has managed to build trust in a short time, amidst fierce competition from big players like Tether and USDC. Like a new kid in school who immediately gets along with everyone because he has a unique style and doesn’t act like a know-it-all, RLUSD is starting to find its own place in the crypto ecosystem.

$USDT.D 2d tf 👁‍🗨

🚀 $KAVA/USDT Potential Long Reversal Play! 🔥 Current Price: $0.5030 (-2.48%) Market Structure & Insights: Sharp drop followed by a quick reaction from the FVG zone. BOS confirmed and price now printing higher lows on microstructure. Strong buy signal near $0.50

BTC/USDT456789

A recent report by Kaiko Research outlines how market manipulation tactics are causing many institutional players and market makers to steer clear of decentralized finance (DeFi). The report cites sandwich attacks occurring on Uniswap and Hyperliquid as examples of the manipulative tactics that make DeFi less appealing to institutions. To illustrate the extent to which these tactics undermine efforts to attract the masses to DeFi, the report cites a recent incident involving a USDC- USDT liquidity pool on Uniswap V3 on Ethereum. In this incident, a user attempted to swap 220,800 USDC for USDT. However, before the user could execute the swap, an attacker reportedly sold nearly 20 million USDC for USDT. This drastically dropped the price of USDC to 0.024 USDT for 1 USDC due to what the report described as reduced liquidity and increased slippage in the pool. Consequently, the user received only 5,300 USDT instead of the expected 220,800 USDT, resulting in a loss of 215,500 USDT. According to the Kaiko Research report, the resulting slippage created a market risk for all traders using this liquidity pool at the time, including the victim of the sandwich attack. As argued in the Kaiko Research report, unless stronger protections are established, institutional players will likely remain on the sidelines, and DeFi will continue to face increased scrutiny from regulators. This viewpoint is echoed by Robby Greenfield IV, CEO and founder of Umoja Labs, who identifies asset security as another key concern for institutional investors. Over the long term, Greenfield said manipulative tactics hurt DeFi’s chances of going mainstream. “Of course, the prominence of sandwich attacks, front-running, and the reuse of historically traditional finance trading practices to economically exploit the lack of liquidity in DeFi protocols inhibit high-volume usage of most protocols as a source of investment for non-crypto-native institutions,” the Umoja Labs CEO said. However, Ryan Chow, co-founder of Solv Protocol, insists that the lack of sustainable yield and the relatively small size of the market, rather than market manipulation, are the primary barriers to institutional participation in DeFi. In fact, Chow told Bitcoin.com News that if properly motivated, institutions could actually exacerbate DeFi’s market manipulation problem. “I wouldn’t be surprised if institutions—equipped with sophisticated traders and advanced strategies—end up exacerbating market manipulation, given that retail participants often lack the same level of understanding. Therefore, it is crucial for the average person to be informed about these dynamics and explore potential tools to protect themselves,” Chow asserted. Meanwhile, Greenfield recommends several measures, including full insurance of DeFi’s assets under management as well as implementing transaction privacy or obfuscation methods to counter sandwich attacks. Adopting these measures will mitigate financially motivated attacks and bolster institutional confidence, Greenfield said. To address the issue of low liquidity, a condition that exacerbates market manipulation and slippage, the Umoja Labs CEO urged DeFi protocols to consider building or developing solutions that address unmet institutional needs. Protocols should also prioritize developing intrinsic protocol value before deploying token incentives. On the question of protecting users, Bryan Chu, chief product officer at WOO X, told Bitcoin.com News that this comes down to “providing best-in-class user interface/user experience (UI/UX) to show sufficient warnings and recommendations to potential traders on their trade sizing.” Chu also agrees that user education can be the best way to help market participants tackle manipulative tactics. “I think education is important, and it should be integrated into the trading experience. Users won’t sift through documents mid-trade, so embedding real-time tips and feedback into the UI/UX is more effective. For example, a tooltip explaining slippage tolerance or an alert suggesting an order size adjustment to avoid a sandwich attack,” Chu explained. Chu meanwhile said DeFi platforms should take the lead in iterating risk control measures to reduce market manipulation. He said while external regulation is important, relying solely on it “could damage the decentralization ethos of DeFi by giving regulators the final say.” Greenfield, on the other hand, believes regulation is not only necessary but inevitable. However, he admits the challenge lies in balancing regulation with decentralization principles. “Striking this balance will be complex and take time, but ultimately, thoughtful regulation can strengthen DeFi rather than diminish it,” the Umoja Labs CEO argued. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。