From the perspective of financial data, there are no signs of a bad situation. The market value of the main stablecoins USDT and USDC has not shown a significant decrease, especially since we have learned through a lot of data that the US time zone and US investors are the main drivers of cryptocurrency purchasing power. So USDC is one of the key points, and its market value still maintains a relatively stable and slightly upward trend. The increase in market value indicates that more fiat funds are being transferred to stablecoins, which increases the upper limit of purchasing power. Moreover, it can be observed from the amount of funds transferred to the exchange that the amount of USDC entering the exchange will indeed be higher, and from the overall trend, although the amount transferred in the past week has decreased compared to the previous two months. However, compared to the first half of the year, both USDT and USDC's purchasing power have been able to maintain around their moving averages, especially with USDC's current purchasing power still at a relatively high level. US investors have not found any signs of giving up so far. This article is sponsored by Bitget | @ Bitgetzh