> I wonder how Tether getting broadly delisted would impact crypto prices.
No reason to think it affects prices at all. The exchange would offer a cash pair or other stablecoin pair. Most centralized exchanges are combining stablecoin pairs anyway to transparently offer one USD pair.
Tether is most often used as a pair on derivatives (ie perpetual futures). An exchange won't delist tether without having an alternative for perps.
The only reason anybody brings up this stuff is because of all the narratives people spin about tether.
No reason to think it affects prices at all. The exchange would offer a cash pair or other stablecoin pair. Most centralized exchanges are combining stablecoin pairs anyway to transparently offer one USD pair.
Tether is most often used as a pair on derivatives (ie perpetual futures). An exchange won't delist tether without having an alternative for perps.
The only reason anybody brings up this stuff is because of all the narratives people spin about tether.