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It's musical chairs. When the music stops, somebody's holding USDT: either because they were using it as in intermediary to trade into other coins, or because t
by 35fbe7d3d5b9 6y ago
It's musical chairs. When the music stops, somebody's holding USDT: either because they were using it as in intermediary to trade into other coins, or because they believed that Tether is really backed 1:1 (lmao).
> Where do they eventually end up? I dont get that part.
Without a chair.