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The market is still paying a 3.2% premium (at time of writing) for actual USD over Tether: http://www.untether.space/ http://www.untether.space/ If Tether's w
by jpatokal 8y ago
The market is still paying a 3.2% premium (at time of writing) for actual USD over Tether:
http://www.untether.space/ http://www.untether.space/
If Tether's withdrawing platform is for real, that should collapse to ~0%.
- wmf 8y agoIt should collapse to the fee to redeem Tethers, which is 3% for whales.
- JumpCrisscross 8y ago> It should collapse to the fee to redeem Tethers, which is 3% for whales This prices in no margin for Bitfinex delaying or failing to redeem Tether for hard currency.