jasonlingx
Joined 15 years ago
Joined 15 years ago
Holding USDT is kind of holding USD. You just have Tether in the middle.
Main utility (value?) of stablecoins is to “bridge” USD fiat into crypto though.
Interestingly, crypto.com (exchange) keeps a “USD” balance for its customers, which is separate from its USDT balance. You can deposit/withdraw to/from your “USD” balance via fiat (bank transfer) or a basket of stablecoins like USDC, BUSD etc. Binance does this as well, and FTX before. They all kept USDT separate though. Worth considering why this is the case.
[0]https://www.binance.com/en/support/announcement/binance-to-a...
While price is the main factor affecting profits, fees/volume and the constantly decreasing block reward also play a part.
HFT is automated day-trading in a way, so 1 meta level more intellectually interesting I suppose.
If you read the article it’s saying the court is asking Facebook to block delivery of certain content globally, not only within Brazil. And they are threatening a local Facebook employee with criminal liability, which is the reason Facebook says it has complied with the order while appealing it.
Esimdb is a good place to start.