I can only say that the crypto world’s demand for U.S. stocks will grow even stronger in the future. Over the past couple of days, semiconductor and tech stocks have taken a big hit. My friend came to me asking to swap for USDT to buy the dip. I told him to wait and see, but he wouldn’t listen, saying this was a chance to hop on the train Binance Research just released some key data on U.S. stocks: - Over $1 billion in assets under management for U.S. stock trading in the past 30 days - Trading volume exceeded $3 billion - About 73% of users are from emerging markets - For every 7 people who visit the stock trading page, 1 completes registration - Nearly 90% of registered users go on to trade Some takeaways from the data: - Strong demand for U.S. stocks - Users from emerging markets often find it difficult to directly access U.S. stock trading, but Binance has reopened this gateway and is breaking down investment barriers - This is an important growth market, with external funds flowing into the crypto space, primarily from emerging markets I need to slightly revise my earlier view. I used to think U.S. stocks would continuously squeeze and dilute the funds circulating in the crypto market. But now it seems like a good thing—it’s more like saving the day through an indirect route. U.S. stock trading is mainly concentrated in the tech and semiconductor sectors: - About 71% of holdings are in the tech sector - 48% are allocated to semiconductors - Trading volume in the tech sector is about 23 times that of other sectors This allocation structure clearly reflects users’ strong commitment to high-growth themes like AI infrastructure.