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Why would anyone buy Tether? Because the most liquid trading pairs and futures use USDT. The same companies who borrow USDT from Tether happen to be the same p
by CTDOCodebases 4y ago
Why would anyone buy Tether?
Because the most liquid trading pairs and futures use USDT. The same companies who borrow USDT from Tether happen to be the same people who run exchanges or act as market makers.
- aaaaaaaaata 4y agoThey did — is that still true? Will it still be true next month or next year? Seems to me the slow abandonment of Tether has become faster.
- CTDOCodebases 4y agoMaybe. Or maybe the exchanges/market makers are buying back USDT in order to pay back their loans to Tether.