Post
Topic
Board Altcoin Discussion
Re: usdt tether market cap grows from 4,6 billions to 10,800 billions from March
by
kindbtc
on 08/08/2020, 12:59:23 UTC
usdt tether market cap grows from 4,6 billions to 10,800 billions from March 2020

For last week - when btc jumped from 9 000 to 11 000 - tether issued 800 millions usdt

Do you think tether really has fiat for backing this usdt?  Wink
This is really bullish for the market as usdt has become a new standard to enter the crypto market which means that new money is flowing into the market as more usdt are minted also we can easily assume the trend with new usdt being minted for me it simply means more demand for crypto and more people want to buy crypto and being a big crypto company i am sure bitfinex will have a clear account regarding usdt.