币界网报道：Background: Stablecoin reserves reached a record high of $50 billion on cryptocurrency exchanges, showing sufficient market confidence and liquidity. Main events: - USDC supply on exchanges almost doubled, showing a shift in investor preference toward regulated stablecoins. - USDT remains the dominant stablecoin, but USDC's growth reflects wider adoption and trust in fully backed stablecoins. - The total market value of the stablecoin market reached $228 billion, up 17% year-on-year, driven mainly by demand from institutional and retail investors. - Increased regulatory clarity on stablecoins from U.S. policymakers has boosted the confidence of market participants. Potential impact: - Geopolitical tensions have prompted investors to view cryptocurrencies as a safe and flexible means of storing value, and stablecoins have become the first choice due to their price stability and regulatory compliance. - The increase in stablecoin reserves may promote a rebound in mainstream cryptocurrencies such as Bitcoin and Ethereum. - Ample liquidity and stablecoin reserves lay the foundation for the next bull market, and institutional investors may increase their investment in altcoins. Special note: The content mentions Bijie.com.