3 ms·
I'd guess the 0.999 price just indicates more selling pressure than buying pressure. The market cap of USDT has been trending downwards over the past 2-ish mon
by devoutsalsa 4y ago
I'd guess the 0.999 price just indicates more selling pressure than buying pressure. The market cap of USDT has been trending downwards over the past 2-ish months.
- graeme 4y agoBingo. Tether defends the peg on their Bitfinex exchange. Then people arb the difference. But right now people are hesitant to arb and so need a higher premium.