Chinese investors pivot to stocks with potential repercussion for Tether
Briefly

Despite the ban on cryptocurrency in China, investors have managed to influence the market, particularly affecting stablecoins like Tether USDT, by shifting focus to domestic stocks.
The recent slight dip in USDT's value suggests that Chinese investors are abandoning the stablecoin to invest in China's buoyant stock market driven by state stimulus efforts.
Read at Fortune Crypto
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