RE: Bitcoin Flash Rally As Tether Loses It's Peg

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Bitcoin Flash Rally As Tether Loses It's Peg

in cryptocurrency •  6 years ago 

I noticed recently the reduction in the total supply of USDT by a few hundred million. With more choice of USD stable coins now on the market, it was only a matter of time before something bad happens to Tether.

Lo and behold, I wake up this morning, check the crypto markets, and I see what was just reported here. Time to wave good bye to Tether? What do you all think?

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I decided not to touch it in the first place :)