A note on the price reported by coinmarketcap -- that is a price derived from computing the average traded price of USDT across all exchanges, including ones th

A note on the price reported by coinmarketcap -- that is a price derived from computing the average traded price of USDT across all exchanges, including ones that have no path to converting directly to USD. What this means is that this dramatically overstates the price of tether. If you navigate to "market" [1] and change the "Pair" dropdown to "USD" you'll see the three exchanges that actually offer the pair. Bitfinex is the sponsor of Tether, so will always say $1; but currently they are apparently having banking problems. Kraken and Bittrex offer independent markets so are a better fair reflection of the price, in the sense of "if you have tether, and want foldin' money right now, this is the current discount". Kraken has somewhat limited withdrawal capabilities at the moment as well, so their price also reflects a premium for the latency. [1] https://coinmarketcap.com/currencies/tether/#markets https://coinmarketcap.com/currencies/tether/#markets