USDT Tether is being used as a candy before the big crash

in #usdt • 6 years ago

USDT Tether price fell below $0.95 and started losing it's meaning of stable coin.
This made traders "sell" USDT Tether and buy BTC instead.

Thanks to USDT Tether, BTC and all other coins started a nice rally.

What I see in this action is the fear from the "lack of stable assets".
Without USDT Tether, traders would be vulnerable to dumps.

If a major dump would come, I cannot even imagine how low the prices would fall.
I just hope it won't happen.
But, surely, stable coin is a mandatory.
Let's monitor thoroughly how the new stables coins are being developed.

#tether #stable
6 years ago in #usdt by
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