Topic: what's the impact of usdt on bitcoin ?? (Read 130 times)
The fact that is backed by USD with 1:1 rate (or so they claim) makes it convenient and easy to use by whales to manipulate the market. I've seen a lot of people posting warnings in the forums and Reddit lately, I'm no expert but I wouldn't use because I just don't believe that It will be able to maintain of it value 1$ over the years and that's actually something that happened months back (check CoinMarketCap charts). It was due to an issue with the bank, there is no guarantees that this won't happen again.
I read a news that usdt is under surveillance. will this have an impact on bitcoin prices? please give me feedback about this.
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