[ppai]

ether is pegged at 1 to 1 to the US dollar. If more tether is not created, quickly and in large quantities, then the only way that this peg can be maintained is if bitcoin plummets. No conspiracy theories, just the power of the markets. Currently the market cap of tether is around 674 million $. It has the 4th largest trade volume on coinmarket cap of around 806 million $ in the last 24 hours. The trade volume is 1.2 x the market cap. That is insane. Show me any stock or cryto whose 24 hour trade volume is greater than its market cap. Something has to blow.

#bitcoin #tether #usdt