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That’s not the true USD exchange rate, the “price” goes up on exchanges with USDT (tether) meanwhile any exchange with access to actual normal USD banking withd
by nosuchthing 8y ago
That’s not the true USD exchange rate, the “price” goes up on exchanges with USDT (tether) meanwhile any exchange with access to actual normal USD banking withdrawals have an abnormally lower spot price. If this activity persists, it would indicate the devaluation of tether which accounts for the vast majority of trade volume across the major exchanges.
Also note, the article you linked to is not Forbes but just a random blogger using the public Forbes blogging api.