3 ms·
I'm not sure what arbitrage you're referring to. But more importantly, nobody is selling these freshly printed USDT for USD...that's the whole point. They are s
by qeternity 6y ago
I'm not sure what arbitrage you're referring to. But more importantly, nobody is selling these freshly printed USDT for USD...that's the whole point. They are selling USDT for BTC.
99% of the USD/USDT trading is fake/wash trading to give the illusion of volume.
- mathgenius 6y agoKraken has USDT/USD markets. I'm sure there are plenty of other places to trade USDT for USD. https://www.kraken.com/prices/usdt-tether-usd-price-chart/usd-us-dollar?interval=1m https://www.kraken.com/prices/usdt-tether-usd-price-chart/us...
- jerry1979 6y agoIf tether is functionally doing a fractional reserve scheme, then we should expect a run on the tether bank sooner or later.