The trading volume of Binance SUI/USDT surged 24 times within 10 minutes, with a turnover of $184 million in the past 24 hours, a decrease of 7.26%.
A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.
CEO of Zhishang Institute: The "ultimate use" of cryptocurrency has not yet been discovered, and stablecoins pegged to the US dollar can eliminate friction between fiat currencies. Systematically important banks should have the ability to issue stablecoins.
