Post
Topic
Board Economics
Re: Tether's market cap is huge! (usdt)
by
Tushar Ramani
on 18/12/2020, 04:23:25 UTC
You're right. The team has not even disclosed its price to remain $1. Here are a few points to look at the other side:

  • 20B circulation with nothing backed
  • No proof of funds either
  • Banking partner on the Bahamas
  • Lawsuits are pending
  • No physical operation location
  • Without any regulation
  • Prints n x USDT like feds

I am worried about my funds in USDT. I think I have to move to USDC or BUSD.