Yes it does, because USDT is (supposedly) inherently pegged to the dollar. It's used as a vehicle for stability when normal banking is not available. See: bina

Yes it does, because USDT is (supposedly) inherently pegged to the dollar. It's used as a vehicle for stability when normal banking is not available. See: binance, liqui.io. These exchanges don't have fiat deposits/withdrawals. BTC is meanwhile taking all alts down with it.