《Bitrace: The Endgame of Huìwàng and the New-Coin Monopoly Era》



With the collapse of the Huìwàng/Tudou-backed guarantee system, new-coin guarantees (Xinbi) have taken over the related traffic, achieving near 100% dominance in the crypto guarantee market. Data shows that since the end of 2025, USDT inflows related to Tudou have fallen off a cliff. Xinbi’s monthly inflows once exceeded 1.2 billion USDT, and by March 2026 the market share had already inched close to a monopoly. However, the UK government imposed sanctions on it in March, and the market believes it will still face regulatory pressure in the future.

Read more:
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin