Recently, USDT is trading at a discount. Essentially, this is the result of the RMB slowly appreciating, and it might rise to around 6 in the future. Since the trade war didn’t work out, now it’s a financial war, forcing you to appreciate—this is what’s happening. Also, many people have a misunderstanding, treating USDT as the same as USD, which is incorrect. USDT is essentially a digital commodity pegged to the USD. In scenarios involving RMB pairs, the commodity is influenced by supply and demand, fluctuating in value—appreciating or depreciating accordingly.