Tether "Prints" USDT- Ignoring the FUD, what does this mean?

in #trading6 years ago

Tether 'printed' 250,000,000 USDT Today. Tether 'printing' represents more money being deposited into tether and moved out of bitfinex than the reverse. Bullish for $BTC. Esp now that we know tether is legitimate backed by USD in full & company has > 10 mill extra USD in bank.

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I would not want to hold any tether...when this goes down...