Tether USDT could collapse the entire crypto market
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Tether (USDT) is a stablecoin pegged to the US dollar. It is widely used as a means of exchange in the crypto market, and is therefore considered to be a key component of the broader crypto ecosystem. Critics have raised concerns about Tether's ability to maintain the exchange rate between USD and USDT, and some have compared the company behind Tether (Tether Holdings Ltd.) to a scam. If Tether were to collapse, it could potentially have a negative impact on the broader crypto market, as it is so widely used. However, the exact extent of the potential impact is difficult to predict.
In this video we make an attempt to figure at what stage USDT might de-peg and crash the markets.
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