2026-01-11 15:21:58

This week's stablecoin issuance data is indeed eye-catching. On Tron, 1 billion USDT was added in a single day, with a total issuance of 3.75 billion across the network—such a scale of minting is clearly visible in on-chain data. Interestingly, this is no longer a one-chain or one-platform show.

The traditional view holds that large-scale issuance must push up the price of the coin, and this logic has almost become an "iron law" in the community. However, this time, the situation is different—USDT's dominance rate is actually declining. What does this indicate? The flow of funds has become more complex. It’s no longer just about hoarding coins for appreciation; more people are actively allocating to DeFi products. The doubling of Morpho's holdings on Bitget in a week is a straightforward example—money is seeking outlets and looking for returns.

Market opinions vary widely. Some shout "the night before a rally," with emotions in place but simple reasoning; others speak with on-chain data, implying that this issuance reflects genuine ecosystem growth rather than mere hype. Instead of choosing sides, it’s better to acknowledge that both forces are at play—policy tilt has raised market expectations, but the ecosystem’s own development is also deepening.

For actual operators, this moment tests their mindset the most. Seeing positive data makes them want to chase gains, but they also fear becoming the bag-holder. This is probably a dilemma experienced by long-term participants. The key is to return to personal risk tolerance and operational rhythm—don’t let emotions dictate decisions.

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ForkTongue

· 22h ago

All the money is running in DeFi, and the increase in stablecoin issuance actually leads to a decline in dominance. This logic is a bit counterintuitive. --- 3.75 billion in new issuance sounds impressive, but the real question is where the funds are flowing to. --- The fact that morpho doubled indicates what? It means everyone is not naive; they are all looking for returns. --- I'm tired of the rhetoric about market manipulation the night before a rally. We need to look at the data to speak. --- The biggest fear isn't the increase in issuance, but the moment of misjudgment when chasing highs. --- It feels like the logic of issuance now is different from two years ago; the market structure has changed. --- Don't be driven by emotions; this is old advice but the hardest to follow.

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BlockchainArchaeologist

· 01-11 15:46

All the money has gone into DeFi, and the declining dominance indicates this wave is different. Morpho doubling is indeed tempting, but chasing the risk is risky. The key is to ask yourself how much you can afford to lose; don't be driven by FOMO. That's right, policy expectations and ecosystem growth do coexist, but the choice is in our hands. The most feared thing at such moments is following the trend; we need to proceed at our own pace.

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AirdropHunter007

· 01-11 15:41

The issuance scale of 3.75 billion is really impressive this time for Tron. I saw Morpho doubling, and the money is indeed stirring. Honestly, whoever can stay calm in this wave will win. I'm increasingly unable to see through it. Is issuance = price manipulation? Not necessarily, but the opportunity is indeed here. The changing flow of funds is a key point; not all money is going into the coin price. Whether to chase or not, I've been debating this for a long time. In the end, it still depends on how much you can afford to lose. DeFi is indeed bleeding, and the money has found an exit.

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AirdropATM

· 01-11 15:38

3.75 billion in additional issuance... Honestly, it's a bit scary, but the USDT dominance is still declining, which indicates that the money is indeed active. I also saw Morpho doubling in a week; it seems everyone is looking for profit opportunities and no longer just holding blindly. The term "the night before a pump"... just listen to it, it’s not very meaningful. The key is your own risk tolerance—don't be carried away by emotions. This advice is really important. Additional issuance and ecosystem growth are happening simultaneously; it's best to listen to all sides to see clearly.

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RuntimeError

· 01-11 15:31

3.75 billion additional issuance, all the money is flowing into DeFi, this logic doesn't add up Oh wait, it's true that Morpho doubled, but the declining dominance might also be due to multi-chain diversification It's all about mindset, looking at the data and wanting to chase, but being too timid to get on board—that's the most uncomfortable feeling Even with such aggressive issuance, the market hasn't rallied; the game is really not that simple Basically, it's a gamble on ecosystem growth or betting on the whales to harvest the retail investors; neither of us dares to push

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