Is Tether enjoying the "Lindy effect"? This states the longer something has been around, the longer it will be around.
The stablecoin is ancient by cryptocurrency standards. It could be the first killer application. Stablecoins have the ability to change the world.
Tether is not without controversy. It is often questioned about whether it is truly backed by USD. Recent news emerged that it is not fully backed.
This led to only a few percentage points drop after the news broke. It was not the major crash many expected.
What does the future hold for Tether? It might be one of those that shows the ability to stay around.
Tether could be something to fall in love with.
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