The crypto industry needs to raise its standards in the wake of the implosion of Sam Bankman-Fried’s cryptocurrency exchange FTX, Kraken's Powell says.
Nothing on earth stable, USDT stable coin have no exception!
Its over 3% already....
LOL everyone is FUD'ing Alameda is shorting USDT, but have you looked at their wallet size? It's tiny. Also, it now holds $10M USDC. If Tether was going to blow up it was when 3AC blowup had them converting like $10 Billion USDT into USD. Look:
Binance is holding whole supply
stop ffs 🤦
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