Tether
at
$0.99
on
Apr 26, 2019
The rise of competing, regulated and fiat backed stablecoins mean the margin of error for #USDT and #TetherLimited is narrowing by the day. Time for other legit, scandal free stable coins operating from the US? twitter.com/...55842
Volume of other stablecoins on major crypto exchanges like Binance rising now.
— Joseph Young (@iamjosephyoung) April 26, 2019
Competition is crucial in any market. When one slips, others can emerge as alternatives. In this case, argument can be made that alternatives like GUSD and PAX are better: regulated & transparent. pic.twitter.com/lE4fUA5p68
100%, that it is still up, maintaining a peg raises a lot of red flags! note that this is after they minted $300 million USDT..#DelistTether? where is the trend right now!
How is Tether even up after this news? This lets me know that most people are just reacting to BTC price drop and are not aware of the news. Tether is the problem people!