#稳定币市场动态# Looking back on the past, I can't help but feel a lot. This financial report reminds me of the ups and downs in the stablecoin market back in the day. The Circulating Supply of USDC has risen by 90% year-on-year, reaching 61.3 billion coins, a figure that is truly remarkable. I remember the early stablecoin market was still a blue ocean; who would have thought it would reach such a scale today?

However, Circle's net loss of $482 million is not to be overlooked. It reminds me of past projects that ultimately failed due to rapid expansion. History always repeats itself, and we must be wary of excessive optimism.

In the long run, the rise trend of USDC seems to continue. As of August 10, it has increased by 6.4% to reach 65.2 billion coins, which may indicate that the demand for stablecoins in the market remains strong. However, we must also remember that the market is cyclical, and adjustments often follow periods of prosperity.

Overall, this financial report showcases the vitality of the stablecoin market while also exposing some potential risks. For those of us who have experienced multiple cycles, it is wise to remain cautiously optimistic and focus on long-term trends. After all, in this rapidly changing market, only prudence can keep us undefeated.