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speaking of stablecoins, I remember reading a few years ago that Tether (USDT) was surely a huge bubble waiting to pop because they couldn't possibly have enoug
by paulhodge 5y ago
speaking of stablecoins, I remember reading a few years ago that Tether (USDT) was surely a huge bubble waiting to pop because they couldn't possibly have enough liquid USD to cover their issued coins. Whatever happened to that story, is it basically the same situation today?
- wvlia5 5y agoYes, but usdt is not as important as it used to be
- TimJRobinson 5y agoIt's still a similar situation, but most people with a basic understanding of crypto avoid USDT if they can, because there are better alternatives now.