Depending on how important it is to be able to easily transfer money, the price of tether is pushed up. Supply and demand: When crypto currencies are dropping in price, lots of people want to trade their cryptos for tethers. If there aren’t enough tethers liquid on the market, this can push the price up.
Read moreWhat will happen if Tether collapses?
If Tether were to somehow collapse or face a major regulatory crackdown, market liquidity would likely dry up, and a lot of people could lose a lot of money .19 Eki 2021
Read moreIs Tether USDT a good investment?
While Tether is not necessarily a long-term investment that will grow your money by itself because it stays pegged to the U.S. dollar , there are lending platforms, exchanges and wallets that will pay you high interest rates to store USDT on their platform.
Read moreCan USDT lose value?
Because it’s a stablecoin, it should keep to a value of $1, give or take a couple of cents. That’s the point of it – it isn’t meant to make or lose money in and of itself , but rather to be a stable store of value.
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