Analysis: USAT may lead to the formation of a "tripole pattern" in the stablecoin market

According to Coinjie.com, on September 15, Mega Matrix analysts pointed out that the launch of USAT has led to a trio of stablecoin market, that is, USDT will be the anchor of global retail stablecoin, USDC and USAT will become stablecoin tracks that meet US standards, and other USDe, Sky and USDH are more inclined to be used to obtain profits. Ruisui Securities analyst Dan Dolev said that USAT will be USDC's biggest challenge and is extremely unfavorable for Circle, further proving that USDC is more commoditized in the market than originally expected, and the stablecoin's growth rate is likely to be lower than expected. Therefore, he is cautious about Circle and gives a "underperforming" rating with a target price of US$84.