ive long believed that the sketchiness involving bitfinex and tether would be detrimental to concurrency. A lot of people are smelling a bottom here which leads me to believe that we have much further down to go. A possible scenario would be the implosion of the imminent disaster that is the bitfinex/tether duo which would catalyse a mega crash.
well see how the tether situation develops over the next days but the price action on the right graph shows money is flowing out of tether and into alternate stablecoins, like trueUSD, at an alarming rate.
well see how the tether situation develops over the next days but the price action on the right graph shows money is flowing out of tether and into alternate stablecoins, like trueUSD, at an alarming rate.