Post
Topic
Board Speculation (Altcoins)
Re: Will Tether crash to $0?
by
bitterguy28
on 02/11/2021, 07:13:00 UTC
I am pretty sure not so long ago (like a month or so), there was no minimum withdrawal limit for tethers in binance.

Well, now I see they want you to withdraw at least 50 usdt.

Maybe it is just a binance thing but I feel like something is going down. I don't know if it is Binance, tether or both.
This make sense because i did not pay attention to this one but indeed it happens recently i also thought that this is just a normal update(as 50 usdt is formal amount for minimum withdrawal) but yes why making a minimum withdrawal when it is a Fiat base coin.
looks like there is something wrong or maybe there is something to come from either Binance or Tether.
I believe so, since its pegged to real dollar 1:1. If the issue from Tether company comes, probably it would hurt Tether so hard as long they backed up the fund well.
not because it is pegged it will just go back to zero this is not how it is.