11 ms·
Tethers only value is as a proxy for the dollar, as such it can only ever be worth a dollar. The exceptions are when a market is crashing people would rather ha
by callamdelaney 6y ago
Tethers only value is as a proxy for the dollar, as such it can only ever be worth a dollar. The exceptions are when a market is crashing people would rather have dollars, and we will see prices above a dollar due to high demand - though the intrinsic value should never change.
- alisonkisk 6y agoWhen market crashes Tether prices go below a dollar because dollars get (relatively) expensive.