Slightly less obvious is the fact that Tether and other "Stable coins" are the only "stability" that exists in the crypto marketplace. More than half of all crypto trades involve stable coins.
And exchanges play along (wittingly or not) with the ruse for their own benefit.
So if Tether is a scam, so is bitcoin and the entire crypto marketplace.
Slightly less obvious is the fact that Tether and other "Stable coins" are the only "stability" that exists in the crypto marketplace. More than half of all crypto trades involve stable coins.
And exchanges play along (wittingly or not) with the ruse for their own benefit.
So if Tether is a scam, so is bitcoin and the entire crypto marketplace.