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The large majority of synthetic USD trading is speculation and hedging. It's significantly cheaper to trade synthetic USD than actual BTCUSD, so 100% of traders
by hnracer 6y ago
The large majority of synthetic USD trading is speculation and hedging. It's significantly cheaper to trade synthetic USD than actual BTCUSD, so 100% of traders will prefer that.
- arcticbull 6y agoI'm curious how true that is, 30% of Tether's backing currency was seized for being associated with money laundering.