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No, they’re doing so because holding USD is better than holding their own currencies. It’s simply economically smarter to hold a currency that appreciates agai
by spaceman_2020 3y ago
No, they’re doing so because holding USD is better than holding their own currencies.
It’s simply economically smarter to hold a currency that appreciates against your own. USD outperforms every currency, and USDT just makes it easier to hold.