4 ms·There is no world in which a major tether depeg leads to a boost in BTC price. It will not happen.by smabie 5y agoThere is no world in which a major tether depeg leads to a boost in BTC price. It will not happen.ric2b 5y agoThat's what happened when MTGox collapsed many years ago.nly 5y agoTether (the company) are likely huge holders of Bitcoin anyway, given that they lend worthless Tethers out in exchange for Bitcoin as collateral.