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Yes, through redemptions. So we know $10s of billions is real — at least! It’s a stablecoin, so market cap is simply the amount printed.
by randomhodler84 4y ago
Yes, through redemptions. So we know $10s of billions is real — at least!
It’s a stablecoin, so market cap is simply the amount printed.
- Judgmentality 4y agoKeep investing in that hopium, cryptobro.
- randomhodler84 4y agoI prefer “Bitcoiner”, I’m not into ‘crypto’, bro.
- Judgmentality 4y agoHN needs more parody accounts. Thank you for your service.
- hgsgm 4y agoThe problem is that if Tether is under-collateralized, redemptions bring it closer to bankruptcy.