Post
Topic
Board Speculation
Re: TETHER 'PRINTED' 250,000,000 USD, WILL BITCOIN PRICE RISE?
by
musta5a
on 29/06/2018, 09:18:02 UTC
Tether released a statement that they received a deposit of 250,000,000.00 and as such created new tethers.Will this have a positive impact on the price of bitcoin?
https://bitcoinist.com/tether-grant-250-million-usdt-bitcoin/

I'm just trying to understand the business model behind the stable coins. Why would I invest 250 m into something which doesn't give me any ROI at all? There is something I don't get