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RE: The MASSIVE Tether Ticking Time BOMB

in #cryptocurrency7 years ago

I trade primarily in EUROS on gdax. This does not use USDT for me. How does this work, is it essentially a fiat balance with gdax that they owe me? Are there other exchanges which do not use Tether?

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I believe there are a total of 10 exchanges listed on coinmarketcap that pair BTC and tether. Those account for about 13% of BTC trade volume reported to that site.

Coin Marketplace

STEEM 0.24
TRX 0.26
JST 0.041
BTC 98102.63
ETH 3490.00
USDT 1.00
SBD 3.42