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That means you can't sell your Solana USDT, which means Binance is getting ready to dump their Solana USDT bags.
by jbirer 4y ago
That means you can't sell your Solana USDT, which means Binance is getting ready to dump their Solana USDT bags.
- gruez 4y ago>which means Binance is getting ready to dump their Solana USDT bags. Is there a reason why they'd want to dump Solana USDT specifically? The problems with USDT itself is well known, but they apply to USDT on every chain.
- trillic 4y agoBinance needs liquidity. Binance is dumping the worst of their "liquid" assets.
- idiotsecant 4y agoNo idea of the specifics of this outage but Solana and USDT is a turd sandwich. It's a bad protocol with a worse asset.
- LatteLazy 4y agoNot quite. If they wanted to stop you selling, they'd accept (and encourage) deposits. Then just not credit your account for 6 hours. Or pause USDT sales on their exchange. Either way, you would be prevented from selling AND from selling elsewhere.
- idiotsecant 4y agoUSDT != USDC