3 ms·
Bitfinex just needs a bot to buy tether back when the price goes below $1.00. It’s fairly low volume so probably doesn’t cost much on most days. If there’s a r
by empath75 9y ago
Bitfinex just needs a bot to buy tether back when the price goes below $1.00. It’s fairly low volume so probably doesn’t cost much on most days. If there’s a run on the bank, that will change, though.
- conanbatt 9y agoThis is akin to bitfinex/tether actually redeeming USDT for USD, which is precisely what they don't do.