Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation?
USDT does not influence the entire market so much, so you should be calm, there is no chance of collapse caused by USDT in the nearest future.
It seems to me that USDT for many users of cryptocurrency is a chance to save their funds. Cryptocurrency falls in price and many sell coins, transferring their funds into the dollar equivalent of cryptocurrency.