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Tether capitalization has reached $ 15 billion
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Topic: Tether capitalization has reached $ 15 billion (Read 46 times)
spike420211
(OP)
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Tether capitalization has reached $ 15 billion
September 17, 2020, 08:55:50 AM
#1
It seems that the capitalization of the currently popular and demanded stable coin Tether has reached its capitalization of $ 15 billion.
shinratensei_
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Re: Tether capitalization has reached $ 15 billion
September 17, 2020, 02:21:09 PM
#2
It will be reached 20 billion in total market capitalization next year. Tether is not the only stable coins were printing more and more money but another coins like USDC was also doing the same thing like tether.
https://nairametrics.com/2020/07/23/tether-treasury-mints-a-120-million-usdt/
Tether is also regularly printing more money and im not feeling a doubt of 20 billion can be reached soon. Money machine.
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qazgroup
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RiveMont
Re: Tether capitalization has reached $ 15 billion
September 17, 2020, 02:44:37 PM
#3
With the expectation of extremely bullish market ahead I would not be surprised even if the market capitalization of the tether grows over 50 billion, I just hope that the parabolic season starts soon because it is a lot of time since market last hit such season.
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mersal
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Re: Tether capitalization has reached $ 15 billion
September 17, 2020, 03:27:50 PM
#4
They will keep reaching more cap value in the coming month ever there will be no wonder if the current cap value gets doubled in less than a year.But how long they can keep printing the tether?
CBDC can put a pause to their print or even completely destroy it in the future.
Febo
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Re: Tether capitalization has reached $ 15 billion
September 17, 2020, 04:01:41 PM
#5
Quote from: shinratensei_ on September 17, 2020, 02:21:09 PM
Tether is also regularly printing more money and im not feeling a doubt of 20 billion can be reached soon. Money machine.
So are federal reserves. 1 tether will always be 1 USD no matter if 1 USD will be worth nothing anymore because of all printing. Maybe we only need another lockout when second covid-19 wave start and BAM!!!
jacafbiz
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Re: Tether capitalization has reached $ 15 billion
September 17, 2020, 04:12:39 PM
#6
I have always been in defense of Tether because of the huge contribution they have contributed to the growth of the space but now I am getting absolutely scared touching USDT again because if these tokens are not actually backed it is going to bring the whole space down and even USDT might cease trading because people won't want to touch it, the growth of USDT this year is huge and I have a feeling their not all backed
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