Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?
there is a truth that the creation of tether has pumped the price of bitcoin. when massive amount of usdt has moved to an exchange, it is likely that there would be a big btc pump. for the past several years, usdt do not have any problem when you want to withdraw or convert into fiat. 1 usdt can be encashed into 1 usd roughly.