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Exchange it for Bitcoin. What else would you do with it? People here seem to misunderstand what USDT is used for. It's not to invest in. It's used to trade ag
by xorcist 7y ago
Exchange it for Bitcoin. What else would you do with it?
People here seem to misunderstand what USDT is used for. It's not to invest in.
It's used to trade against BTC at exchanges which do not have access to USD markets. The gambl^Wtraders there probably couldn't care less about how collaterized it is. The threat model is and has always been that Binance or Poloniex or whatever they're called disappears with your money, tethered or otherwise.