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Tether Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko
- lapufifarre668 3y ago[flagged]
- ftxbro 3y ago> "Trading with Tether’s USDT stablecoin has fallen to multi-year lows, making the token’s rise to near all-time highs in market capitalization “questionable,” crypto market research firm Kaiko said in a Monday report." isn't tether itself questionable
- rekttrader 3y agoIt grows and shrinks based on trade volume of the correlating assets (btc/eth) and trade volume and volatility post 2022 has been at an fairly tame. They’re a highly profitable enterprise and they have a ton of cash on hand parked in mostly us treasuries. They’ve said they’re gonna start parking their profits into BTC so this will get interesting.