About the depreciation of the U.

In the short term, the main reason for the depreciation of U is the influence of interest rate cut sentiment. Of course, there are also some objective factors, such as funds leaving the crypto space. I recall that when the market was good at the beginning of the year, U was at a premium, and many people complained that U was expensive. At that time, many believed that a bull market was coming and rushed to buy U, leading to a premium on U.
Although interest rates have been lowered, they are currently still maintained at 4.75%-5%, remaining in a high-interest phase. Moreover, the high interest rate of over 3% is likely to persist for at least 1.2 years (unless some crisis occurs during which drastic rate cuts are necessary for rescue).
I believe U will not continue to depreciate indefinitely; it is just a short-term emotional effect. Holding U for financial management, a small portion of U can be used for Binance's dual currency financial products, buying low and selling high.
You can do nothing else, otherwise when the bear market comes and you're trying to buy the dip but you don't have any USDT, you'll realize how urgent it is when the merchants require all sorts of proof during the deposit process. #打榜优质内容#