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Yea not debating that, nor that it wouldn't lose it's peg if things get unstable enough. Just that the title makes it look like it's in a death spiral like Terr
by carlosdp 4y ago
Yea not debating that, nor that it wouldn't lose it's peg if things get unstable enough. Just that the title makes it look like it's in a death spiral like TerraUSD, which there doesn't seem to be indication of right now at all.
The increased volatility (which remains in the < 1 cent range) can easily be explained by general market volatility right now.
That said, again, not defending Tether in general. I hold 0 USDT, always recommend USDC.