 | After Binance, Tether probably receives the most FUD in this space. Tether is allegedly: ... a ticking timebomb waiting to explode .. creating USDT out of thin air as nothing is backed by actual cash ... going to collapse so users wont buy until it collapses ... going to get flipped by USDC (lol) And much more. Tether has always been perceived as a black swan waiting to happen. But Tether survived last year's stablecoins meltdown, like UST. And now, in 2023, when USDC and DAI are depegging, what does Tether do? It is basically (almost) the only stablecoin that is perfectly pegged. Actually, it is at $1.01! While all others are red. Did we misjudge Tether? What a crazy timeline where Binance and tether are left standing yet everything else collapses. [link] [comments] |
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments