What is going on with USDT?

[pokxon]

In the past few days, I've heard some bad news about USDT and I think they will not affect it. But today I have seen the USDT price drop dramatically with the growth coming from Bitcoin and other pairs of USDT transactions. Attached here is fake news: "Binance will delist USDT" "USDT Deposits and Withdrawals Temporarily Closed" ...

In addition, stablecoin is supported by investors and their prices are higher than USDT.

TUSD is a stablecoin that can compete with USDT. I sell 5 TUSD and receive 5.44USDT - 5 PAX = 5.39USDT . That's too much for the same coin as USDT



Tether (USDT) seems overwhelmed by the stablecoins on the market.

[CryptoCoinArbitrage]

It is combination of fake news that Binance will delist Tether and lack of trust in it. Tether price decrease caused
price increase for other cryptocurrencies that are paired with USDT and caused FOMO and people thought
it is start of a bull market , but all this was artificial. In next days I expect the price of Tether to recover and be
around $1.

[poodle63]

In the past few days, I've heard some bad news about USDT and I think they will not affect it. But today I have seen the USDT price drop dramatically with the growth coming from Bitcoin and other pairs of USDT transactions. Attached here is fake news: "Binance will delist USDT" "USDT Deposits and Withdrawals Temporarily Closed" ...

In addition, stablecoin is supported by investors and their prices are higher than USDT.

TUSD is a stablecoin that can compete with USDT. I sell 5 TUSD and receive 5.44USDT - 5 PAX = 5.39USDT . That's too much for the same coin as USDT



Tether (USDT) seems overwhelmed by the stablecoins on the market.

It seems like you have been missing this news dude https://www.ccn.com/newsflash-bitcoin-surges-to-7500-on-bitfinex-due-to-tether-implosion-real-price-6700/
The funds that from dumling the USDT has been used to buy TUSD at the same time. But a lot of people have know if that was a bad news and i could say that there will be another recovery for tether asap.

[Direwolve735]

Tether Limited officially confirmed cooperation with Deltec Bank. Based on this letter and taking into account the current capitalization of USDT ($1.772 billion), Tether really has sufficient funds to ensure the total volume of issued tokens.
https://twitter.com/Tether_to/status/1058017089133404160