Tether is deeply integrated in the crypto market, and the OG exchange will support it I think... it also seems to be used more from the east.
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Tether is deeply integrated in the crypto market, and the OG exchange will support it I think... it also seems to be used more from the east.
The question is how much will it blow up more? :D
People dont want to "Store value in dollars" But on a stable Unit of Account. And Tether is not "printed" is created after a collateralization effect, like USDC.
Meanwhile, HBD or UST are "algorithmic stablecoins" which means they are created after automatic burn/lock of other assets. Lots of grow ahead, if you ask me.
did you ever see an audit from tether assets?
No?
Did you know how to put Real money into Tether over the Tether LDT?
Also No?
Exactly that's the problem with tether.
They use their own exchange as collateral ( Bitmex).
And that is itself a ponzi.
Tether was more closely associated with bitfinex than bitmex, but maybe has some affilation with bitmex too (not sure).
my mistake! It was bitfinex.
Tether uses Bitfinex for the distribution. And tether minting is for institutions and OTC deals, not for normies. If tether is a ponzi, it is a way smaller ponzi than the FED,ECB,BOE and BOJ, so its fine for me at this point.
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