Re: Will Tether go into crisis like XRP?

Quote from: masterrex on Today at 02:43:24 PM

Quote from: ivankoh on January 22, 2021, 12:28:11 AM

It's not just XRP that is having problems linking the reason the SEC reporting on a source doesn't verify over data. Tether also goes into issues to interact with the dispute with Bitfinex. File center is checked, is this fine for the future?
https://cointelegraph.com/news/tether-and-bitfinex-seek-further-30-days-to-produce-critical-trial-documents/amp

Will Tether go into a crisis like XRP?

IMHO, I think it was highly possible, If we notice in 2020 there was a red flag already about Tether (USDT), and because of this it was possible that Tether (USDT) is already on the SEC radar for investigation, The SEC's hostile approach towards cryptocurrencies is mean a lot and I'm sure that the persecution will not end on Ripple's XRP but on other cryptocurrencies as well who knows it might be Bitcoin or Ethereum. Just my opinion!

At least Tether has already announced several times about real support of USDT by the corresponding dollar fund and shares of various companies. Based on this, USDT is assigned to a certain amount of value and this should already contribute to CES's loyalty to Tether.