It seems that buying US stocks with stablecoins has become a necessity. The veteran cryptocurrency asset management platform BIT announced that since its launch of stablecoin trading in the US stock market last month, its user asset size has exceeded $200 million. About 98% of users hold onto the platform or buy US stocks through stablecoins. This also means that buying and selling US stocks in USDT and USDC has become a necessity in the Asian market, which may be related to the recent popularity of US stocks. According to previous disclosures, the product is directly linked to licensed securities firms. Buying and selling stocks on the platform is matched by underlying securities firms, allowing users to enjoy stock dividends and voting rights. At present, the initial support targets are US main board stocks and mainstream ETFs. As a US service broker, this product will not synchronize with the CRS tax system.