Tether (and other stable-coins) are used to exchange USD to the digital currency world. However, the liquidity of Tether on the Centralized EXchanges (CEX) is allegedly provided from the Chinese real estate market. I don't get how that works, nor do I know how to verify this claim. But the price oddities in crypto have tended to follow price swings in Evergrande stock (3333.hk).
Think there's either gold stored up or it's being stored up in preparation to launch a new gold backed currency.
God I hope so bc all these dumbasses supporting crypto are equatable to the dumbasses supporting jabs.
What exactly is so dumb about supporting crypto?
Tether (and other stable-coins) are used to exchange USD to the digital currency world. However, the liquidity of Tether on the Centralized EXchanges (CEX) is allegedly provided from the Chinese real estate market. I don't get how that works, nor do I know how to verify this claim. But the price oddities in crypto have tended to follow price swings in Evergrande stock (3333.hk).