RE: What Would Happen If Tether Does Tank?
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i hold some tether not because i belive it will somehow burst the 1-1 analogy but it's easier for me when i am trading. So i am using it when i some pump and dump buys etc etc because it gives me more options regarding the pairs as you said as well.
Now if somehow this will be deemed illegal or i don't know then all the exchanges will need to rework their pairs which isn't something easy
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I totally understand the attraction to USDT in terms of tech and being a multi-chain asset its awesome I can't fault it there, no stable coin is coming close. I can imagine the cock p it would be with exchanges having to decide to take the knock and back their pairing themselves and absorb the loss on USDT and for off-chain holders they last to sell will be in the shit