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The real USDT/USD market is not the Kraken one (or similar ones), but the implied synthetic market creating by arbing BTC/USDT and BTC/USD. Companies like Alam
by jdjfjtkfkf 6y ago
The real USDT/USD market is not the Kraken one (or similar ones), but the implied synthetic market creating by arbing BTC/USDT and BTC/USD.
Companies like Alameda trade billions arbing this synthetic USDT/USD market close to peg:
https://twitter.com/AlamedaTrabucco/status/1348773027639562241 https://twitter.com/AlamedaTrabucco/status/13487730276395622...