Recently, the USDT to RMB exchange rate has dropped below 7; Amid the downturn in crypto assets, investors don’t want to directly engage with highly volatile crypto assets but also want to avoid USDT’s regulatory and exchange rate risks. So, they are turning to a new field—using stablecoins to invest in non-crypto assets, such as on-chain U.S. stocks and on-chain gold, which can still hedge against the U.S. dollar’s downtrend cycle; A large number of investors are transitioning from 'stablecoin savings' to 'on-chain dollar asset savings'.