Why Tether ($USDT) Hasn’t Collapsed (Yet) And When It Will

Cover Photo by “ geralt “ on Pixabay (modified)

USDT, a stable coin with limited transparency and a model that attracts various allegations, so far manages to survive unhindered by market downturns.

USDT delivers a perfect indicator for the market direction, since traders can “play” the stablecoin’s new mints or the rare occasions Tether burns USDT to stabilize and reinforce the peg.