I don’t think anybody cares at this point. Tether’s marketcap used to be below $10 billion or something. In a week it doubled. I freaked out. I thought that was the end of crypto because somebody was printing usdt out of thin air. I was wrong. Nothing happened. Stable token marketcap is now what? Multiple hundred billion usd and growing. It will be over a trillion before you know it and btc will be at $1 million.
Tether has been faking its audits… You call that news? Sky is blue and water is wet.
Unfortunately that's true, people just doesn't care.Tether has been faking its audits… You call that news? Sky is blue and water is wet.
There are literally tons of stablecoin out there from delta neutral hedging to real t-bill backed, but people hardly trying to use them and most of them only got sub billion market cap.
On the other hand the USDT still the most used for trading pair.
Even if there's 100x better option out there people won't even give a damn
.