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as you can see this has never happened before and the people who are selling out their USDTs are not your average joes but rather the whales,so what do you think ? Do they know something we dont ?
With the UST blunder everyone is skeptical about the so called stable currencies and that is the main reason everyone is selling off their USDT as well because they too have a fair share of issues when it comes to transparency and faced legal issues in the past and you never know when it will fall as well because it is certain that only a small portion of it is pegged with actual US dollars.