(no title)
Crye
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4 years ago
Tether is used for the purchase of other cryptocurrency (i.e. creates demand). If more Tether has been created then dollars burned, then there has been artificial demand generated for cryptocurrency. Artificial demand, artificial prices. I think sometimes Tether's affect on the market is blown out of proportion, but it could have cooling effect on the trustworthiness of cryptocurrency and then exchanges used to facilitate trades.
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