USDT crashed, but the US dollar didn't. The USDT/USDC trading pair didn't collapse either, which suggests that experienced investors are selling USDT and exchanging it for RMB. When 13 ministries issued a document last time, many people interpreted it as a crackdown on OTC trading, since USDT's daily trading volume is often higher than that of BTC+ETH. If it's truly shut down, the crypto will also be gone. Those fully invested in USDT don't need to panic.
This article is machine translated
Show original

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content






