I want to emphasize to my friends that "issuance" does not necessarily mean that external funds are really coming in, it may be destroyed and regenerated. The key to looking at stablecoins is the change in total market value, and compared to USDT, the change in market value of USDC is more important. USDT is increasingly not used in the cryptocurrency field, while USDC is more and more used in cryptocurrency. In addition, there is no doubt that the current market is dominated by investors in the US time zone, and the more compliant USDC in the US is still the first choice for investors. Therefore, observing the market value changes of USDC more will be more helpful. This article is sponsored by Bitget | @ Bitgetzh