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RE: Is a Tether (USDT) Implosion Imminent?

in #bitcoin6 years ago

I got an alert on my blockfolio that Tether had dropped below 0.90 on Kraken. Crazy times.

The divergence in the BTC pricing was amazing to watch and it played havok with many charts. I did notice that Poloniex is quoting USDC so perhaps we are going to see a rotation into it.

Seems that Tether would be safer and still a valid business model if only they would audit properly. Maybe the door is ajar for a Tether clone.....

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Absolutely. DAI is interesting.
I think if Tether could get an audit they would but no one will touch them. I don't see how it ends well.

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