4 ms·
Lots of big players slowly moving away from tether and that’s putting sell pressure. Unlike USDC or DAI, there’s no 1:1 redeemability to dollars for your averag
by tornato7 4y ago
Lots of big players slowly moving away from tether and that’s putting sell pressure. Unlike USDC or DAI, there’s no 1:1 redeemability to dollars for your average joe, so it requires a few key market makers who have access to tether redemptions to keep the peg, that’s why it’s not a super efficient market.