I think more interesting is the discrepancy in pricing between Bitfinex (which sponsors Tether) and all the other fiat-off-ramp exchanges. If you go to https:/

I think more interesting is the discrepancy in pricing between Bitfinex (which sponsors Tether) and all the other fiat-off-ramp exchanges. If you go to https://coinmarketcap.com/currencies/tether/markets/ https://coinmarketcap.com/currencies/tether/markets/ and look at USDT-USD pairs only (people spending real dollars in exchange for fake dollars) then you'll see 5 exchanges where the price is no more than $0.994, while somehow at Bitfinex it's still holding $0.9999 (and was at $1.000 all day yesterday).