Tether is like JP MORGAN.... a FRAUD??

alefernandez (51)in #bitcoin • 7 years ago (edited)

Left here an article that called my attention.
https://themerkle.com/tether-issues-an-additional-20-million-usdt-unexpectedly/

Comment if you think that Tether is a Noobs Resourses?

#cryptonews #life

7 years ago in #bitcoin by alefernandez (51)

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fitzgibbon (61) 7 years ago (edited)

I think Tether's goal is to keep the USDT on par with the value of 1 USD. If the demand rises for Tether (because a lot of cryptocoins are dropping in value, a situation we saw a couple of days ago), they need to take action to make sure the demand doesn't drive the price of Tether up.

I think that's why you see these actions.

All of the above is probably also true for SBD by the way, but I'm not the expert, this is just my opinion...

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